Citigroup Stock
CNN Money report Citigroup stock down again despite sales talk..
NEW YORK (CNNMoney.com) — Shares of Citigroup enjoyed a brief bounce Friday morning before heading lower once again, falling 16% despite reports that the beleaguered bank may be looking to raise more capital or even sell the whole firm.
Citigroup executives were set to meet Friday morning to discuss their options, including selling off pieces of the company or even the entire bank, both The Wall Street Journal and The New York Times reported late Thursday.
Calls to Citigroup (C, Fortune 500) to confirm the reports were not immediately returned.
It has been a rough week for the New York City-based bank. The company announced Monday that it would be cutting more than 50,000 workers…. rest of artilce


