down 1.57...what the hell is that about
My guess: the trader types are chasing momentum by selling winners at the high and buying utter trash like banks thinking they're going finally to be rich.
Downgraded by Jefferies from hold to underperform. Typical ANALyst cr@p. Lowered it's price target from $56 to $51. Nice move after it hit it's 52 week high earlier. All this on the catch all word "valuation". LOL