
What will be the price of Citigroup stock (C) at the close of business on Friday, November 28?
Citigroup closed at $8.29
Background:>
In this case, the fate of Citigroup is of extreme importance, particularly in light of the news regarding the government support of the company.
The stock has dropped dramatically in recent weeks, going from $23.00 on October 1 to $13.99 on November 3, and just take a look at the last week:
Monday 11/17 8.89
Tuesday 11/18 8.36
Wednesday 11/19 6.40
Thursday 11/20 4.71
Friday 11/21 3.77
So, surely it should go up in today's trading, but how will it hold up throughout the week...?
What will be the price on one share of Citigroup this Friday, November 28?
Question will suspend mid-day Wednesday, 11/26.
http://finance.google.com/finance?client=ob&q=NYSE:C
NOTICE
This question is being offered as a trial run of questions related to individual stocks, which are not normally allowed. There may be a possibility of allowing a few questions regarding individual stocks as long as there is an important news connection. In this case, news regarding Citigroup is one of the most important news stories of this week. Well worth taking a look at on Hubdub.
Again, this is a trial run and there may be more questions posed this week to test it out. Individual stock questions are still not allowed without prior approval.
Settlement details:
As reported by a major mainstream news source.
Settled
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Below $3.00 |
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$3.00 to $3.49 |
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$3.50 to $3.99 |
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$4.00 to $4.49 |
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$4.50 to $4.99 |
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$5.00 to $5.49 |
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$5.50 to $5.99 |
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$6.00 or higher |
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Suspend date: Wed 26th Nov 2008 10am PST Settlement date: Fri 28th Nov 2008 5:17pm PSTPrediction cut-off: Predictions on this question after Wed 26th Nov 2008 10am PST have been voided because they were made after the question could be settled
Initial likelihoods: Below $3.00: 5%, $3.00 to $3.49: 14%, $3.50 to $3.99: 22%, $4.00 to $4.49: 22%, $4.50 to $4.99: 15%, $5.00 to $5.49: 10%, $5.50 to $5.99: 8%, $6.00 or higher: 4%
Action history:
http://finance.google.com/finance?q=NYSE%3AC
http://moneycentral.msn.com/detail/stock_quote?Symbol=c
Suspend date: Wed 26th Nov 2008 10am PST Settlement date: Fri 28th Nov 2008 5:17pm PSTPrediction cut-off: Predictions on this question after Wed 26th Nov 2008 10am PST have been voided because they were made after the question could be settled
more info...
Predictions (76)
76 predictions
Comments (1)
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