National City (NCC) Taps New 52-Week Low As IndyMac Blow-Up Makes Holders Nervous

July 14, 2008 11:04 AM EDT

National City Corporation (NYSE: NCC) is under heavy pressure today, -13%, but is off the lows. Shares are trading at a new 52-week low.

News this week that IndyMac Bank (NYSE: IMB) was shut-down because of a bank run and will be taken-over by the FDIC is likely making shareholders nervous.


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IMB 0.12

+0.00 +0.00%
Volume: 0
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NCC 4.76

-0.03 -0.63%
Volume: 1,898,060
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