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Wells Fargo got a huge boost from Trump's victory

Business Insider - 15 Nov 2016 06:26
Wells Fargo got a huge boost from Trump's victory Richard Drew/AP Images Donald Trump's victory in last week's presidential election may have ushered in a renaissance for bank stocks, as shares of the KBW Bank Index have climbed 12% since closing on election day -- i.e., before the results were known. But even though all banks have benefited from the post-election trend, few have gained as much from the election asWells Fargo. Lower headline risk When I say that Wells Fargo benefited from the election, I'm not just talking about its stock price...
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