Large Cap Stock Losers (Citigroup, GE, INTC, JPM)

Citigroup Inc. (NYSE:C) slid 0.20% to $3.96 on over 132.85 million shares. The stock moved in an intraday range of $3.96-$4.02. So far this year, the stock jumped over 19%.

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Discover Financial announced that it would acquire Student Loan Corp.'s ongoing business and parts of its loan portfolio for $600 million, or $30 a share, Riverwoods, Ill.-based Discover Financial said the deal would add 9 cents a share to its 2011 earnings.

Citi owns 80% of Student Loan Corp.'s common stock. Student Loan Corp. will also sell $28 billion in loan assets to Sallie Mae and $9 billion in assets to Citibank. The deal is expected to close by the end of 2010.

General Electric Company (NYSE:GE) dropped 0.37 % to $16.17 with over 24.34 million shares. Over the past 52-weeks, the stock traded within the range of $13.75-$19.70. The stock is up more than 5% year-to-date.

The median Wall Street price target on the stock is $20 and the high target is set at $25 with majority of analysts have a Hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $15.63 and $16.54 respectively.

Intel Corporation (NASDAQ:INTC) fell 0.37% to $18.90 after 22.75 million shares of trade. Till now, 22.75 million shares have already been traded. The stock moved in an intraday range of $18.81-$19.08. So far this year, the stock lost over 8%.

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The stock has a Forward P/E ratio of 9.80. The company has Price/Sales ratio of 2.57. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $19.22 and $21.05 respectively.

JPMorgan Chase & Co. (NYSE:JPM) lost 1.54% to $40.36 after 13.23 million shares. Over the past 52-weeks, the stock traded within the range of $35.16-$48.20. The stock is down more than 2% year-to-date.

The median Wall Street price target on the stock is $53 and the high target is set at $61 with majority of analysts have a Buy rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $38.71 and $40.66 respectively.

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