Previous close | 11.51 |
Open | 11.51 |
Bid | 10.00 |
Ask | 10.30 |
Strike | 50.00 |
Expiry date | 2024-12-20 |
Day's range | 11.51 - 11.51 |
Contract range | N/A |
Volume | |
Open interest | 8 |
Another S&P 500 earnings season is upon investors. Here is what to expect as banks tee up to report.
Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America, a late Monday filing showed, netting the investment giant more than $10 billion since it started the share sale in July. Buffett, who began investing in the second largest U.S. lender in 2011, had a 13.1% stake worth around $45 billion as of July. The selling spree by Buffett appears to be unnerving other BofA shareholders, at a time when the outlook for the banking industry remains murky amid fears over a possible U.S. recession.
Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.