Bank of America Shares Rise 2.92% to Close at $50.87 Monday

Bank of America shares rose 2.92% Monday, Nov. 9, to close at $50.87, a move distinct from Binance’s BACUSDT perpetual contract tied to the bank’s common stock.

The shares gained $1.445 from the previous close of $49.42. The New York Stock Exchange’s regular session ended at 4 p.m. ET (21:00 UTC).

For the quarter ended Sept. 30, Bank of America reported net income of $6.9 billion and diluted earnings of $0.91 per share. The bank filed the results on Oct. 14.

Binance listed BACUSDT on Oct. 21. The contract is based on Bank of America common stock, settles in USDT and trades 24 hours a day, seven days a week.