Financial Winners & Losers: CIT Group
07/01/08 - 04:49 PM EDT
Debra Borchardt
And finally, Radian Financial(RDN Quote - Cramer on RDN - Stock Picks) plunged 24.8% to $1.09 as the fallout continues after its removal from the Russell 1000 index. Money managers that closely track the index are forced to rebalance when the makeup of the index changes.
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