Getting your player ready...
NEW YORK — Investors remained concerned about Bank of America Corp. on Tuesday as shares fell further and the cost to protect its debt from default touched new highs.
The bank has lost more than half its stock- market value this year, closing at $6.30 Tuesday after falling to a low of $6.01 earlier in the day. Its market capitalization has declined more than $70 billion this year, more than the individual value of 470 of the components in the Standard & Poor’s 500 Stock Index.
