Wells Fargo & Co. (NYSE: WFC) projected $3 billion in profits for the first quarter of the year sending the stock price soaring $3.04 to $17.93. Shares of Bank of America (NYSE: BAC) leaped $1.45 to $8.51 and JPMorgan Chase (NYSE: JPM) surged $3.13 to $30.56 to join the rally.
Wells Fargo Expects $3 Billion First Quarter Profit
April 09, 2009 at 12:26 PM EDT
