$57.06 3.76 (7.05%)
19:59 EST C Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 145.50B
PE Ratio -21.78
Volume (Avg. Vol.) 32.89M
Day's Range 54.48 - 57.14
52-Week Range 32.00 - 83.11
Dividend & Yield 1.54 (2.70%)
C Stock Predictions, Articles, and Citigroup News
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By Alex Sirois
Value stocks have been out of favor since the last recession. If they undergo a renaissance, these stocks have the right factors to rise.
Despite doom and gloom headlines, Louis Navellier expects most companies will leap over the low earnings bar that analysts have set. With that in mind, let’s take a look at some of the big financial companies that reported last week.
Apple, Wells Fargo, Disney and Citigroup were our top stock trades for Wednesday. So, let's look at how the charts are setting up.
Quarterly earnings reports from the largest banks in the US are expected to make it clear that the country's economy is in for a long recovery.
As part of the ESG investing movement, women CEOs should continue to grow in number. Here's why that’s good news for investors.
Earnings season is approaching for the big banks, including Citigroup. A new Fed-led restriction shouldn't worry you about C stock too much.
If the banks are going down, these seven financial stocks are likely to suffer. A questionable economy and low interest rates aren't helping.
DraftKings, Nikola, Oracle and Citigroup were our top stock trades for Tuesday. That said, let's look at the charts to see what's going on.
Citibank, a subsidiary of Citigroup (C), has announced that Jane Fraser is taking over as its next CEO starting in February 2021.
The banking sector is having a good Q2 earnings season. But the coast isn't clear for all banks yet. Avoid these bank stocks.
By Alex Sirois
C stock may appear to be in a bad position given the pandemic. However, buy-and-hold investors still can profit from Citigroup.
The financial sector is starting to show signs of life, so buy bank stocks for a big recovery over the next 6-plus months.
Bank stocks are gaining investors' attention after the group largely reported earnings this week. Here's what you should consider moving forward.
Although banks were hit hard as the coronavirus took its toll on the nation, these three bank stocks are definitely worth a look.
Recovering U.S. economic activity in the second-half of 2020 will spark meaningful gains in Citigroup stock.
Citigroup (C) earnings for the banking and financial services company's second quarter of 2020 have C stock falling on Tuesday.
A disconnect between ugly coronavirus headlines and surprisingly strong business sentiment sets up a possible bullish trade for C stock. But you better punch out quickly because the longer-term narrative is very risky.
We preview Citigroup and JPMorgan ahead of earnings next week, while Fastly and Boeing were our other two top stock trades.
Even in a volatile market, not all blue-chip stocks will keep you safe. Here are seven that you should avoid until things brighten up.
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From Yahoo Finance
(Bloomberg) -- Russian online retailer Ozon Holdings Plc will raise $990 million in its initial public offering in the U.S., taking advantage of demand for technology stocks amid the busiest fourth quarter for new listings since 1999.Ozon priced 33 million shares at $30 apiece, the company said in a statement Tuesday. This exceeded guidance of $22.50 to $27.50 per share, while the offering size is 10% higher than initially planned. Ozon surged on its first trading day in the U.S. after the IPO. The shares were up 42% to $42.50 at 1:22 p.m. in New York.Ozon plans to use the IPO proceeds for general corporate purposes. Goldman Sachs Group Inc. and Morgan Stanley are managing the sale along with Citigroup Inc., UBS Group AG and three Russian banks. The underwriters have an option to buy as many as 4.95 million shares within 30 days.The listing will contribute to a spate of technology IPOs this year that have raised more than $59 billion globally, according to data compiled by Bloomberg. Ozon’s share sale adds to what’s already been the busiest fourth quarter in the U.S. since 1999, the data show.Ozon is the largest Russian listing since EN+ Group Plc in 2017 and the first Russian business to sell shares in the U.S. since Kismet Acquisition One Corp.’s black-check IPO in August.It comes as investors flock to technology companies in emerging markets, with Polish ecommerce platform Allegro.eu SA raising 9.2 billion zloty ($2.4 billion) in September in Warsaw’s largest-ever listing. The shares have risen 78% since then.Pandemic ShoppingSeparately, existing shareholders Sistema PJSFC and funds managed by Baring Vostok Capital Partners agreed to purchase $135 million of Ozon shares at the IPO price. Their stakes were each about 45% before the IPO, according to the prospectus. The companies said they will own as little as 33% each after the deal and the possible conversion of convertible loans.Ozon, like other ecommerce companies, has seen sales jump during the pandemic as consumers switched to shopping online. The company posted a 70% gain in revenue in the first nine months of the year compared to the same period in 2019.Read More: Polish Online Retailer Allegro Surges 63% in Market DebutOzon started selling books online in 1998 and later expanded to electronics, toys and other items. It competes with Wildberries and AliExpress Russia, a joint venture run by Alibaba Group Holding Ltd. and Mail.ru Group Ltd. Russian internet operator Yandex NV is also expanding into ecommerce.The IPO price valued Ozon at $6.2 billion, including loans and options convertible into shares, Forbes Russia magazine reported, citing unidentified people familiar with the matter.(Updates with share move at the start of trading in the second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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