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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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331 days ago by Tim

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