If you own shares of Bank of America (NYSE: BAC) and have followed the bank's story over the past few months, then you may have been surprised to see that its shares didn't rally on Wednesday, despite the Federal Reserve's decision to raise interest rates.This should have been good news for Bank of America, given that the Charlotte, North Carolina-based bank will earn more money as interest rates go up.
Comment on Why Didn't Bank of America's Stock Rally After the Federal Reserve's Announcement on Wednesday?
newsfeedback@fool.com (John Maxfield), The Motley Fool
Wed, 06/14/2017 - 4:19pm
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