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In 1999, I bought Ask Jeeves stock at about $120 a share, eventually selling at below a dollar before shares went up 28-fold and the company was sold to IAC/InterActiveCorp.
That was the last time Citibank was on the ropes and selling in single digits, although even then it didn't fall below a dollar as it has in this cycle (an intraday low of $0.97 on March 7 , 2009.
A key element of the money fund rescue was the Treasury Department's announcement early Friday to make available, at least temporarily, $50 billion to guarantee money market funds against losses that would force their share prices below a dollar, known as breaking the buck.
Citigroup shares briefly traded below a dollar.
Online, the cost falls below a dollar.
Shares sometimes traded below a dollar, but Mr. Trump said the problems had been fixed.
Similar(26)
The January surplus of $316.5 million was well below a $1.84 billion surplus recorded a year earlier.
Prosecutors say each check was below a $2,500 threshold that required a supervisor's approval.
Oil retreated back below $100 a barrel, falling to $98.93 after surging to as high as $103.37 earlier.
Our research excluded initial offerings valued at less than $5 million or below $5 a share.
Oil prices fell below $46 a barrel to an eight-week low.
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