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Why Wells Fargo's Stock Price Fell 14.4% in June

The month of June was not pleasant for Wells Fargo (NYSE: WFC), which saw its share price drop 14.4% in the month, according to S&P Global Market Intelligence. It also trailed the performance of the KBW Bank Index, which dropped 12.9% in the month. Wells Fargo's stock price is down 18.3% year to date as of July 6.