Why Bank of America Corp (BAC) Sank Like a Stone This Week

Glances at the ticker over the last hour of trading show that B of A is swinging between red and green, while the three market indices and the rest of the Big Four banks are solidly in the green. As such, it appears that B of A’s legal woes might be keeping its stock from the strong bounce-back everyone else is getting from the good jobs news.

What goes up must come down, but in the case of B of A, the stock will very likely go back up.

The article Why Bank of America Sank Like a Stone This Week originally appeared on Fool.com.

Fool contributor John Grgurich owns no shares in any of the above-mentioned companies. Follow John’s dispatches from the not-so-muddy trenches of big-banking and high-finance on Twitter @TMFGrgurich. The Motley Fool recommends American International Group, Inc. (NYSE:AIG) and BlackRock, Inc. (NYSE:BLK). The Motley Fool owns shares of American International Group and Bank of America Corp (NYSE:BAC) and has the following options: Long Jan 2014 $25 Calls on American International Group.

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