Why Bank of America stock price is hovering near $53 after a $1 billion employee share award
New York, January 20, 2026, 11:31 (ET) — Regular session
- Bank of America shares edged down in mid-morning trading, following a volatile session that saw them flip between gains and losses.
- The bank announced plans to grant roughly $1 billion in stock to non-executive staff through its annual Sharing Success program.
- Investors also kept an eye on U.S. policy risk tied to a proposed cap on credit-card interest rates.
Bank of America shares slipped slightly on Tuesday following the bank’s announcement of roughly $1 billion in stock awards aimed at most of its non-executive employees. Investors also weighed fresh headlines from Washington casting a shadow over the banking sector. The stock dipped about 0.1% to…
