Why is Citigroup selling off so hard?
Finnanicals are pretty strong, 5 p/e, tons of cash, and obviously benefit from rate hikes
Yet its trading at its 52 week low today is there something im missing?
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Investphil : citi stopped their share buyback. they will restart in Q1 next FY
QMengColdJoke : oversea business has pressure from covid. Hold. buy if people still have money and risk tolerance.