CNNMoney reports that BofA's shares hit $5 per share Monday, their lowest level since the worst of the financial crisis in March 2009.
Bank stocks across the board took a beating Monday on continuing fears over how the sovereign debt crisis in Europe could affect the long-term health of the financial sector.
Traders said much of the selling was due to comments European Central Bank President Mario Draghi made in a speech Monday before the European Parliamentary Commission…
Read more at http://money.cnn.com/2011/12/19/markets/banks_stocks_hit/
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