Key Insights Given the large stake in the stock by institutions, Bank of America's stock price might be vulnerable

Shares of Bank of America Corp. slumped 0.99% to $39.87 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 5,718.57 and the Dow Jones Industrial Average rising 0.

Bank of America is the #2 bank in the US but faces a number of headwinds in the next half decade for its stock to match its 10 year high.

One of the Oracle of Omaha's favorite stocks to buy is Berkshire Hathaway's new leading provider of dividend income.

Bank of America CEO Brian Moynihan on Tuesday praised Warren Buffett as an investor in the company, but said he has not asked the legendary investor about recent moves that have reduced his Bank of America stake.

Bank of America stock is up premarket as the company announces a raise in its minimum hourly wage to $24, nearing its $25 target by 2025.

We recently compiled a list of the 10 Best Diversified Bank Stocks to Buy Now. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against the other diversified bank stocks.

The largest players now make up about three-quarters of the hedge fund industry, as the likes of multi-strategy firms have taken up the lion's share of the business, said a Bank of America report seen by Reuters on Tuesday.