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Ticker Summary (C)
| 2.88-0.09 (-3.03%) | |
|---|---|
| Open | 2.94 |
| High | 2.94 |
| Low | 2.88 |
| Volume | 118,344,896 |
| Market Cap | 15.9B |
| 52 Week High | 23.50 |
| 52 Week Low | 0.97 |
| P/E | -0.61 |
| F P/E | 22.85 |
| EPS | -4.71 |
| Dividend | 0.49 |
| Yield | 16.50% |
| 1 Year Target | 4.29 |
C 2.88 -3.03%
Financial stocks went down Thursday as Citigroup agreed to to buy back nearly $7 billion of auction-rate securities it sold to its customers as well as pay an additional $100 million in penalties as part of the settlement. The settlement sends a warning across the industry that financial institutions will have to pay the price for misrepresentations in marketing and selling of securities.
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