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Benzinga
Benzinga
Business
Joel Elconin

Bank Of America Investors Give Thumbs-Up To Q1 Earnings: What The Chart Shows

Bank of America BofA

Despite the prospect of rising interest rates, the financial sector has been under extreme selling pressure since early January. It's been a mixed bag for first-quarter earnings for the big banks so far, with assorted beats and misses and inconsistent price action.

Bank Of America (NYSE:BAC) is trading firmly in the green following its first-quarter report and is the PreMarket Prep Stock Of The Day.

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