Wells Fargo stock sinks to 2-1/2 year low

Wells Fargo scandal explained

The fake account scandal at Wells Fargo has done real damage to the bank’s stock price.

Wells Fargo (WFC) stock closed below $ 45 on Monday for the first time since February 2014. It’s now down 10% since Wells Fargo was slapped with a $ 185 million fine for creating as many as 2 million fake bank and credit card accounts.

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Latest stock market news from Wall Street – CNNMoney.com

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