Citigroup Inc (C): Today's Featured Banking Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Citigroup (C) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.9%. By the end of trading, Citigroup rose $0.59 (1.2%) to $49.92 on average volume. Throughout the day, 29,248,896 shares of Citigroup exchanged hands as compared to its average daily volume of 28,828,800 shares. The stock ranged in a price between $48.77-$50.25 after having opened the day at $49.27 as compared to the previous trading day's close of $49.33. Other companies within the Banking industry that increased today were: Severn Bancorp (SVBI), up 6.7%, Summit Financial Group (SMMF), up 5.8%, First (FBMS), up 5.0% and Heritage Oaks Bancorp (HEOP), up 4.8%.
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