Monday, June 27, 2016

Stock-market turmoil for BofA, Wells Fargo persists in wake of 'Brexit' vote

Britain's historic vote to pull the U.K. out of the European Union sent shockwaves across the global and U.S. stock markets on Friday, causing shares in many of Charlotte's largest companies to plummet. As of midday on Monday, not much has changed and prices are sinking lower still. By noon, stock in Charlotte-based Bank of America Corp. (NYSE: BAC) was trading at $12.30 per share, down about 5.4% from Friday's close. Wells Fargo & Co. (NYSE: WFC), which has its East Coast hub and largest employment…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/27/stock-market-turmoil-for-bofa-wells-fargo-persists.html?ana=RSS%26s=article_search

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