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Market
Will Bank of America's stock price drop by 5% or more due to the outage by October 15, 2024?
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Stock market data showing a drop of 5% or more in BAC stock price from October 2, 2024
Story
Bank of America Outage on October 2, 2024 Leaves Thousands of Customers with Zero Balances
Oct 2, 2024, 07:06 PM
Bank of America is experiencing a major outage on October 2, 2024, affecting thousands of customers nationwide. Many users are unable to access their accounts through the bank's mobile app or website, and those who can log in are seeing their account balances displayed as zero. The issue has been widely reported on platforms such as Down Detector and has sparked significant concern among customers. Bank of America's customer support has acknowledged the problem, but it remains unclear how long the outage will last or what caused it. Reports indicate that more than 20,000 customers have been affected, with some experiencing issues at ATMs as well. The bank's stock ticker, $BAC, has also been mentioned in reports.
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