C, SPY, BAC shares fly off shelves

Citigroup Inc. (NYSE: C) eked ahead 0.72 percent to $4.18 on 83,470,881 shares, to lead the midday volume pack Tuesday. Three-month daily average is 445,224,000. The stock’s 52-week range travels between $3.11 and $5.07. On Monday, Citi announced that its Global Transaction Services had been appointed depositary bank by Sumitomo Mitsui Financial Group, Inc. one of the largest banks in Japan.

SPDR S&P 500 ETF Trust (NYSEArca: SPY) picked up 0.65 percent in price to $119.37 by noon, on runner-up volume of 65,526,631, compared to three-month daily average of 192,600,000 shares. The stock’s 52-week range slid to 101.13 before vaulting to a peak of 122.12.

Bank of America Corporation (NYSE: BAC) settled back 1.26 percent to $11.35 at lunchtime, on volume of 64,880,210 shares, compared to the three-month average of 182,537,000 shares.  BAC was among the banks helping CITIC Dameng raise up to $400 million U.S. in an initial public offering of shares in Hong Kong by the end of this year.

Tags: bac, C, Financial Stocks, spy

This entry was posted on Tuesday, November 2nd, 2010 at 12:09 pm by admin and is filed under Financial Stocks, Penny Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.