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Bank of America shares drop after revenue jump in earnings
Bank of America reported a 15% year-on-year rise in revenue, but the stock fell in pre-market trading.
Bank of America shares fell in pre-market trading even after the bank posted an earnings performance that included a year-on-year revenue gain.
According to MarketWatch, revenue rose 15% compared with the prior year.
The drop in the stock followed the earnings release, despite the topline growth.
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