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Citigroup Inc single-digit share price

Citigroup Inc single-digit share price

- Citigroup Inc <C.N> may at some point right itself, but its single-digit share price reflects what investors deem reality: it may not be soon. The bank's shares fell this week below $9, touching a 13-year low, as fears mounted about how a deep recession would hurt corporate America, and especially lenders. Citigroup shares are down more than 80 percent in less than two years. The credit crisis has hit Citigroup harder than rivals Bank of America Corp <BAC.N> and JPMorgan Chase & Co <JPM.… More information...

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