Bank of America shares top $10
Bank of America Corp. BAC +5.37% shares rose more than 5% on Wednesday afternoon and topped $1 for the first time since July of 2011. The stock is very active, and has already traded more than 300 million shares during the session. That's more than twice the stock's average volume over the last 30 days. The gain comes on the same day that rival Citigroup Inc. C +7.29% shares are rising more than 7% after that firm unveiled a plan to cut 11,000 jobs and trim costs. |