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Ticker Summary (C)

3.91+0.03 (+0.64%)
Open 3.94
High 3.98
Low 3.90
Volume 348,238,016
Market Cap 113.1B
52 Week High 5.07
52 Week Low 3.11
P/E -24.41
F P/E 8.43
EPS -0.16
Dividend N/A
Yield N/A
1 Year Target 5.32

C 3.91 +0.64%

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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2 years 269 days ago by Tim

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