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Friday, September 30, 2011

BofA (BAC), (AA) Closing Out Quarter As Worst Performer in Dow

It appears Bank of America (NYSE:BAC) and Alcoa (NYSE:AA) will close out the quarter as the two worst performers of the Dow Jones Industrial Average.

For the second quarter in a row Bank of America is poised to end with the biggest decline, falling by 42 percent so far, followed by Alcoa, which has dropped 37 percent.

Bank of America also has the dubious distinction being the stock priced the lowest on the exchange, trading today at only $6.20, down $0.15, or 2.36 percent, as of 9:57 AM EDT.

Alcoa was trading at $9.79, down $0.27, or 2.68 percent, as of 9:51 AM EDT.

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