All of the above answers offer a part of the reasons that Citibank shares plummeted....but none mentioned that the crash in its share prices was driven by the panic selling by the institutional investors, say, the mutual funds, given the sheer and staggering size of the mutual fund markets. Capital markets has its cons.....as well as pros.
All of the above answers offer a part of the reasons that Citibank shares plummeted....but none mentioned that the crash in its share prices was driven by the panic selling by the institutional investors, say, the mutual funds, given the sheer and staggering size of the mutual fund markets. Capital markets has its cons.....as well as pros.