Citi (C) Shares Dip as Reuters Says Ackman Has Sold His Position

July 18, 2012 2:51 PM EDT
Shares of Citi (NYSE: C) have dipped more than a half percent over just the last few minutes of trade as Reuters is reporting Bill Ackman's Pershing Square has sold all of its shares in the bank.

At the end of March, Pershing Square showed holding about 26 million shares of Citi.

The stock is now down 1.4 percent to $26.99.

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