The historically expensive S&P 500 could be seeing loss of reopening optimism, Bank of America says

Business Insider

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· *The shrinking premium of stay-at-home stocks over business-as-usual firms could mean the end of the S&P 500's reopening enthusiasm, Bank of America said Monday.*
· *Quarantine plays including Zoom and FedEx commanded a 40% premium in March over firms slammed by the coronavirus. The market has since split the difference...

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