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

By David Hanson and Matt Koppenheffer – Feb 4, 2014 at 7:00AM

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B of A gets the thumbs up.

Bank of America's (BAC -4.46%) 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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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. 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.

Stocks Mentioned

Bank of America Stock Quote
Bank of America
BAC
$34.47 (-4.46%) $-1.61
Kkr & Stock Quote
Kkr &
KKR
$49.57 (-5.13%) $-2.68

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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