Publicly traded Banks: Current Status
It’s been another positive week on wall street for the 3 largest publicly traded retail banks. Bank of America, Wells Fargo and JP Morgan Chase all saw their share price rise significantly this week.
When you look at the market caps of these three banks, you almost get the feeling we are back on track. And if you happened to catch any of these three banks at their 52 week lows (and had the balls to invest) you would have made a pretty penny.
Bank of America currently trades at $16.42 per share (up over 600% from it’s once $2.53 stock price).
Wells Fargo currently trades at $28.76 per share (up over 300% from it’s once $7.80 stock price).
JP Morgan Chase currently trades at $42.36 per share (up over 250% from it’s once $14.96 stock price).
Congrats to those that rolled the dice and invested in these institutions!
