Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Tesla, Target & more
– Bank of America earned 40 cents per share for the first quarter, 6 cents below estimates, with revenue in line with Wall Street forecasts.
Overall profit was down by nearly half compared to a year ago, with $3.7 billion being added to loan loss reserves. The bank did say its liquidity position was very strong, with nearly $700 billion in global liquidity.
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