Bank Stocks 4/9/09 April 9, 2009 WFC

The financials are soaring this morning as Well Fargo ( WFC ) came out earlier and said they will earn $0.55 for the 1st quarter. This is a huge beat and is taking the whole stock market up. I had a hunch WFC would report a good number but not this good! As you can see, it is surprising Wall Street!

Bank Stock Update - 4/9/09 - Pre Market Trading

Wells Fargo ( WFC ) - $20.00 Up 34.32% - Wells Fargo projects record $3 billion 1Q profit - When this news broke, WFC stock jumped to $17 immediately. Since the spike, WFC has been steadily climbing.

Financial Bull ( FAS ) - $7.61 Up 22.94%
Financial Bear ( FAZ ) - $13.68 Down 23.32%
Citigroup ( C ) - $3.07 Up 13.70%
Bank of America ( BAC ) - $8.42 Up 19.26%
JP Morgan ( JPM ) - $31.29 Up 14.07%
General Electric ( GE ) - $11.16 Up 4.89%

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