Bank of America stock price: BAC ends higher, but Wall Street is fixated on the Jan. 20 credit-card cap
Bank of America shares rose 0.7% to $52.97 Friday, outpacing Citigroup and Wells Fargo. Uncertainty looms as Washington weighs a 10% cap on credit-card interest rates, with the White House considering executive action. U.S. markets will be closed Monday for Martin Luther King Jr. Day. Bank of America’s board approved preferred stock dividends, payable in February and March.