Knight Capital (KCG) Stock Sees Some Life But Situation Remains In-Flux
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After initially seeing continued after-hours pressure, shares of Knight Capital Group, Inc. (NYSE: KCG) are now rising as the company is desperately seeking a buyer to avoid a bankruptcy.
Shares have been absolutely demolished this week after a software trading error led to erroneous stock trades and caused $440 million lose.
Shares of KCG last traded at $2.69, up 4.3 percent from the close. The stock is still down about 75 percent on the week.
Shares have been absolutely demolished this week after a software trading error led to erroneous stock trades and caused $440 million lose.
Shares of KCG last traded at $2.69, up 4.3 percent from the close. The stock is still down about 75 percent on the week.
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