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CNBC Fast Money October 12, 2016

The board. All these headlines coming out fairly fast and furious over the course of the last three or four minutes or so. Thats why wells fargo shares, you can see here its not a massive spike, but still a huge move. 2 higher. You can see by the chart there, a Straight Line up for wells fargo. Again, on these wells fargo headlines from dow jones, again saying that Elizabeth Duke will become vice chairman. Tim sloan will take over as ceo, john stumpf will retire. All source reporting effective immediately. So thats why those shares are on the move. Well continue to monitor these headlines. Melissa, guys. For right now, thats the reason why youre seeing wells fargo react the way it is in the after market session, guys. Back over to you. Thanks so much, dom chu. A Stunning Development in the wells fargo story after th ....

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