Institutional investors are Bank of America Corporation's (NYSE:BAC) biggest bettors and were rewarded after last week's US$13b market cap gain

By Yahoo! Finance   |   1 year ago
Institutional investors are Bank of America Corporation's (NYSE:BAC) biggest bettors and were rewarded after last week's US$13b market cap gain

Ownership data and analyst forecasts provide insights into a business's potential. For Bank of America, institutional investors hold 64% ownership, reaping rewards as the stock price rose by 3.7% last week.

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