Here's Why Citigroup Stock Is Falling on Friday
The stock market was having a modestly negative day on Friday, with the Dow Jones Industrial Average and S&P 500 both down by less than 1% at 11:10 a.m. EST. However, large-cap bank stock Citigroup (NYSE: C) was a major underperformer, with shares down by 5% for the day.
The short explanation for today's move is that Citigroup just reported its fourth-quarter earnings, and investors don't seem too impressed.
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Source Fool.com
