Losers on Major News: Citigroup (NYSE:C), Moody’s Corporation (NYSE:MCO), Twitter Inc. (NYSE:TWTR), Comcast Corporation (NASDAQ:CMCSA)

Posted by on Mar 04, 2014

Citigroup Inc., the top adviser in India for share sales, sees no recovery in initial public offers from the worst start since 2009 until investors gain clarity on policies from a new government after elections. Citigroup Inc. (NYSE:C) stock opened at $47.80 in last session, and closed at $47.61, while the day range of Citigroup ink (NYSE:C) stock is $47.55 – $48.25. The stock showed a positive weekly performance of -2.80%.

Moody’s Corporation (NYSE:MCO) on 21 February announced a conditional open offer to acquire up to 2,650,000 equity shares of ICRA Limited, a leading provider of credit ratings and research in India. Moody’s Corporation (NYSE:MCO) stock opened at $78.00 in last session, and closed at $78.66 by losing -0.43%. The 52 week range of $47.74 – $85.70. Company’s market capitalization is $16.85B.

Employees at Twitter Inc. (NYSE:TWTR) headquarters in San Francisco will soon get to take their lunch break in 19th century relics. The Marin Independent Journal reports the high-tech giant is installing a pair of low-tech log cabins from the late 1800s to serve as dining rooms. Twitter Inc. (NYSE:TWTR) stock decreased -2.19% and finished the last session at $53.71. The EPS of the stock remained -1.69. Company’s market capitalization is $19.48B.

Comcast Corporation (NASDAQ:CMCSA) announced that it had reached an agreement to acquire FreeWheel Media Inc., a video advertising platform. Comcast Corporation (NASDAQ:CMCSA) stock opened the session at $51.08, and closed the session at $51.00. The 52 week range of the Comcast Corporation (NASDAQ:CMCSA) stock remained $38.75 – 55.28 and the day range was $50.61 – 51.27.

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