Entries tagged "pansion funds"
Premarket trading of Citigroup Inc. is pointing to a higher open for the beleaguered bank. Shares of Citi were up roughly 42 cents to $5.12 prior to the market open Friday morning, but with stock markets swinging wildly intraday, the shares of any company aren't staying in positive territory for long. Should Citi find itself in the precarious position of trading below $5 a share again Friday, then forced selling by large investors could send the stock rocketing even lower. ...