Bank of America, Netflix, Moderna: Stocks That Defined the Week

Bank of America, Netflix, Moderna: Stocks That Defined the Week
·4 min read

Banks are releasing the billions of dollars they put away to prepare for a wave of loan defaults during the pandemic recession. Bank of America’s third-quarter profit rose 58% from a year earlier, aided by $1.1 billion in loan-loss reserves. Bank of America shares gained 4.5% Thursday.

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