Bank of America (BAC) +2.1% AH after issuing a denial that it has any plans to issue shares,...


Bank of America (BAC) +2.1% AH after issuing a denial that it has any plans to issue shares, contrasting a market rumor that sent shares sliding late in the day. BofA did sell debt today, which the bank is likely to do as a way of financing activity, but a debt sale is far different than a share sale.
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Comments (2)
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    The Shorts could not let BAC close over $10.00 per share.
    20 Mar 2012, 05:47 AM Reply Like
  • LKofEnglish
    , contributor
    Comments (4385) | Send Message
     
    really? how so?
    20 Mar 2012, 08:18 AM Reply Like
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