BAC Earnings Beats Street Expectations

Discussion in 'Stocks' started by thisisjones, Apr 20, 2009.

  1. OK, BAC posted a nice profit for Q1 and beats analysts expections by a large margin. To a novice investor (and bac shareholder) like myself, I would believe this new would cause the stock price to go up - but shares are down 10% this morning.

    What gives?? Thanks.