Bank of America Trading Volume Drops 22.85% Ranking 34th in Market Activity

On May 19, 2025, Bank of America (BAC) saw a trading volume of 16.96 billion, a 22.85% decrease from the previous day, ranking 34th in the day's stock market activity. The stock price of Bank of America (BAC) rose by 0.18%, marking the second consecutive day of gains, with a total increase of 0.88% over the past two days.

Moody's Ratings downgraded the long-term deposit ratings of Bank of America, JPMorgan, and Wells Fargo to Aa2 from Aa1. This move reflects Moody's assessment of the banks' financial health and risk profiles, which could impact investor confidence and market sentiment towards these institutions.

Moody's also cut the long-term counterparty risk ratings of certain units within these banks. This action is part of a broader review by Moody's following the downgrade of the U.S. sovereign credit rating, which has implications for the financial stability and creditworthiness of major U.S. banks.