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Alwaleed Said He's Back To 5% In Citi (C), Investors Send Stock Down To $5
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With Prince Alwaleed announcing plans this morning to increase his stake in Citi (NYSE: C) back to 5%, investors are not impressed and have sent the shares down another 21% to $5 per share.
Shares of Citi are now down 47% in the last five sessions.
Nothing can seem to stop the slide in Citi:
$25B from Treasury - NO
CEO and other executive insider buying - NO
50K Job Cuts - NO
Prince Alwaleed - NO
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