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home / news releases / WFC - Why Wells Fargo Stock Popped Today


WFC - Why Wells Fargo Stock Popped Today

2024-02-15 15:35:22 ET

Shares of Wells Fargo (NYSE: WFC) jumped Thursday after the company finally put the 2016 fake-account scandal behind it, as the Office of the Comptroller of the Currency (OCC) terminated a consent order it had issued in 2016 in response to Wells Fargo creating fake accounts in order to make sales quotas.

As of 2:30 p.m. ET, the stock was up 7.5% on the news.

Image source: Getty Images.

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Why Wells Fargo Stock Popped Today
Stock Information

Company Name: Wells Fargo & Company
Stock Symbol: WFC
Market: NYSE
Website: wellsfargo.com

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