Bank of America shares plunge as net interest income slumps in Q3

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Bank of America (NYSE: BAC) shares have further selling pressure after a drop in Q3 net interest income and the current price stands around $24. When trading this stock, investors should have in mind that Bank of America is a stable bank with a good position on the market. Fundamental analysis: Q3 net interest income was down 17% from a year ago Bank of America is an American multinational investment bank and financial services holding company. This is one of the „Big Four“ banking institutions of the United States and it services approximately 10.73% of all American bank deposits. Bank

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