🔴 BAC is trading 3% down today as it underperforms broader market gains

BAC is trading at $49.53 (-3.01%) as it diverges from a broader market uptrend following the implementation of new tariffs.

• The stock is underperforming despite the S&P 500 and Dow rising 0.18% and 0.52%, respectively, after tariffs were set at 10%—lower than the feared 15%.
• No company-specific news was reported today to explain the decline, which follows yesterday's -3.75% drop to a $51.07 close.