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Bank of America Drops On Wikileak Rumor

Bank of America Corp.(NYSE:BAC) is making a new low for the year today. The stock is now rumored to be part of a wiki-leak that is yet to be released. The stock has been one of the weaker financial stocks throughout 2010. Since April 15th, 2010 the stock has declined by $9.00 points. This afternoon Bank of America has pierced it's recent $11.00 support level making it vulnerable for further declines in the near term.