UPDATE 4/22: "Citi's next stab at $5 might be the one that sticks" (C)
Original Post:
From MarketBeat:
Shares of everybody’s favorite stock are once again flirting with the $5 barrier. Citi is almost always on top of the NYSE’s most active list, and Tuesday is no different, with a bit less than a billion shares changing hands according to data provided by Thomson Reuters. (Bank of America is second with over 202 million. And Ambac is third with about 119 million, at last glance.)
Now Citi has managed to climb over the $5 barrier before in late August and October, but it wasn’t able to stay there. As we’ve told you before, there’s a reason why the $5 barrier is so important to the shares....MORE
