Bank of America (BAC) Finishes Higher, Ticks Up After Hours Following $40 Intraday Touch
NEW YORK – Shares of Bank of America Corp (NYSE: BAC) ended Tuesday’s trading session with modest gains, adding slightly more in after-hours trading, after experiencing significant volatility that included a brief move above the $40 mark.
The financial services giant closed the official trading day on April 23rd at
0.43, or 1.12%, from the previous day’s close of $38.32. The session began promisingly, opening at
40.13**. However, the stock subsequently gave back those gains, falling to a low of $38.67 before finishing the day higher.
In the after-hours market, BAC shares saw slight continued upward movement. As of 7:58 pm GMT-4, the stock was quoted at
0.080 or 0.21%.
Key financial metrics for Bank of America include its market capitalization listed as 29.30KCr, a P/E ratio of 11.57, and a dividend yield of 2.68%. The stock’s 52-week performance has seen it trade between a low of $33.06 and a high of $48.08.
The volatile session, marked by the early surge past $40 followed by a pullback but a positive close, keeps Bank of America in focus for US investors evaluating the banking sector.
