How Bad is Bank of America’s Stock?

The simple answer? Really Bad.

The stock is down almost 70% from it’s highs in April of last year.

But do you want to know what makes things even worse? Bank of America’s Stock is not only crushed on an absolute basis, but it has somehow managed to dramatically underperform the worst performing sector in the stock market.

Look at the disgusting chart of $BAC relative to Financials ($XLF):

 

See Also:

Bank of America Credit Spread: FUGLY (Ritholtz)

Bank of America P/B Approaching Credit Crisis Lows (Bespoke)

 


Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

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