Shares of Bank of America (NYSE:BAC) were trading mostly in the red throughout Friday’s market session, after the results of the Federal Reserve-administered stress tests came back. Bank of America Corp (NYSE:BAC) stock performance was -2.01% in last session and finished the day at $17.56. Traded volume was 156.03million shares in the last session and the average volume of the stock remained million shares. The beta of the stock remained 2.25. Bank of America Corp (NYSE:BAC) insider ownership is %.
Citigroup Inc. (NYSE:C) had a comparable gap, a 7.0% minimum according to Fed calculations but a 10.0% minimum in the company-run stress test. Citigroup Inc (NYSE:C) dropped -0.28 percent to $50.08 Friday on volume of 38.41million shares. The intra-day range of the stock was $49.86 to $51.00. Citigroup Inc (NYSE:C) has a market capitalization of $152.16billion.
Morgan Stanley (NYSE:MS) rose in step with the broader equities market yesterday, tacking on 3% to close at $32.79. In the stock’s options pits, overall volume soared to more than four times the daily average, with calls emerging as the contracts of choice. Morgan Stanley (NYSE:MS)’s stock on Mar 21, 2014 reported a decrease of -0.58% to the closing price of $32.60. Its fifty two weeks range is $20.16-$33.52. The total market capitalization recorded $64.41billion. The overall volume in the last trading session was 23.50million shares. In its share capital, Morgan Stanley (NYSE:MS) has 1.91billion outstanding shares.
Wells Fargo & Co (NYSE:WFC) released the stress test results, which was conducted in accordance with the Dodd-Frank Act and Consumer Protection Act. The tier 1 common ration of the bank came in at 8.2%. Most of the Wall Street Banks passed the stress test except Zions. On Friday, shares of Wells Fargo & Co (NYSE:WFC) advanced 0.18% to close the day at $49.12. Company return on investment (ROI) is 9.80% and its monthly performance is recorded as 7.65%. Wells Fargo & Co (NYSE:WFC) quarterly revenue growth is 10.06%.