Why the Market Didn't Care About Bank of America's Big Day

Updated
Why the Market Didn't Care About Bank of America's Big Day

Bank of America's pending $8.5 billion agreement with private investors had been a dark cloud over the stock for years, so why didn't the stock pop when the settlement was approved last Friday? In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson give their take on the big decision.

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The article Why the Market Didn't Care About Bank of America's Big Day originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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