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Citigroup Inc. (NYSE:C) is one of the most active losers in today`s trading session as it plunges over 0.99% to $4.02. The stock hit an intraday high and an intraday low of $4.04 and $3.96 respectively. So far the stock prices went down over 3% in last six months. Citigroup Inc. is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers.
Fannie Mae (NYSE:FNM) decreases 8.93% to $1.02 on a volume of 12.87 million shares after the company announced Thursday a policy under which thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae. The government-controlled company, through its new 'Deed for Lease' program, will allow borrowers to transfer ownership to Fannie Mae and sign a one-year lease, with month-to-month extensions after that.
American International Group, Inc. (NYSE:AIG) declines 6.69% to $36.65 on over 11.82 million shares after the company on Friday posted its second consecutive quarterly profit after big gains on assets it owns, but it said its main insurance operations were lackluster. The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. The unemployment rate was the highest since April 1983.
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