Financial Winners & Losers: Ambac

Most financial stocks were lower Wednesday, with the NYSE Financial Sector index off 6.8% and the KBW Bank index down 8.7%.

Among individual stocks, notable movers were:

Ambac ( ABK), down 41% to $2.01

MBIA ( MBI), down 22% to $8.16

Citigroup ( C), down 14% at $12.63

Wachovia ( WB), down 11% at $5.98

Bank of America ( BAC), down 11% at $21.75

Morgan Stanley ( MS), down 10% at $17.06

Wells Fargo ( WFC), down 9% at $31.68

Goldman Sachs ( GS), down 8% at $87.43

JPMorgan Chase ( JPM), down 7% at $39.22

BB&T ( BBT), down 7% at $33.55

This article was written by a staff member of TheStreet.com.

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