Shares of Snap Inc. (NYSE: SNAP) were falling fast today on no company-specific news. Instead, the social media stock was tumbling in response to broader market declines as investors ramped up their fears of a potential recession. As a result, Snap's share price fell 6.5% as of 3:55 p.m. EST. Read More...
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Why Bank of America Stock Was Falling Today
Shares of Bank of America (NYSE: BAC) were down on Tuesday, falling as much as 6% during the trading day. As of 2:45 p.m. ET, Bank of America was down 5.5%, trading at $32.58. The major indexes were all down on Tuesday, led by the Nasdaq Composite, which was down 258 points, or 2.3%, while the Dow Jones Industrial Average was down 498 points, or 1.5%, and the S&P 500 was off 77 points, or 1.9%, as of 2:45 p.m. ET.