Bank of America stock climbs as India regulator notice lands before earnings — what to watch for BAC
Bank of America shares rose 0.9% to $56.18 Thursday after India’s regulator accused its local unit of insider trading in a March 2024 stock sale, according to Reuters. Wolfe Research downgraded Bank of America ahead of its Jan. 14 earnings, citing limited upside. Investors await Friday’s U.S. payrolls report.