Down another 4% today, Citigroup is now 61.3% below its 52-week high reached in May 2007. As shown below, this is the furthest Citi has traded below its 52-week high since at least 1986. Many investors are likely familiar with prior troubles at Citi in 1990, 1998 and 2002. But based on distance from its 52-week high, this decline takes the cake.
Subscribe to Bespoke Premium today.
Comments