Tuesday, May 24, 2011

Citibank Share Price

Citibank Share Price: Business News. Citibank Share Price Outlook. Daily Forex and Stock. Citibank Share Price Latest news: After a low open this morning Citigroup Inc. (NYSE:C) stock has seen multiple volleys of high volume ramp up company share price.? Volume was high today right off the bat and the largest number of shares exchanged was 7.1 million traded at10:25 A.M. Eastern before noon.? Trading for “C” opened low today after disappointing pre-market performance and Citigroup also underperformed the S&P 500 Index & the DJIA yesterday.

Late into today’s trading session traders saw a huge amount of bullish momentum brought around by nearly eight million shares exchanged at 2:32 P.M. Eastern which has sparked trend-setting buying of Citi where ten minutes later to the dot another volley of over 13 million shares sent Citi up to $3.96, the low of the day had been $3.88 per share.? This has outstripped Wednesday’s entire trading range.

Citigroup Inc. is a global diversified financial services holding company. The Company provides consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2009, Citigroup had approximately 200 million customer accounts and did business in more than 140 countries. Citigroup operates through two primary business segments: Citicorp, consisting of its Regional Consumer Banking (RCB) businesses and Institutional Clients Group (ICG), and Citi Holdings, consisting of its Brokerage and Asset Management (BAM), Local Consumer Lending (LCL), and Special Asset Pool (SAP). In April 2010, Barclays PLC acquired Italian credit card business of Citibank International Bank plc. In May 2010, the Company announced the creation of a new Collateral Management Services unit within its Securities and Fund Services business.
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