This Is a Big Problem for Deutsche Bank Stock
Deutsche Bank AG (USA) (NYSE:DB) was trading more than seven percent higher on February 10. Deutsche Bank stock found some oxygen after hinting it plans to issue a bond buyback program to prop up the price of its funds. DB stock lost some $2.3 billion in market cap on February 8, dropping to an annual low share price of $15.38. Just a month ago, DB stock was trading at the $20.00-$24.00 level. In Frankfurt, DB shares, which used to trade at €177 (approximately US$185.00), tanked to €5.54 (US$17.00)-an all-time.
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Deutsche Bank AG (USA) (NYSE:DB) was trading more than seven percent higher on February 10. Deutsche Bank stock found some oxygen after hinting it plans to issue a bond buyback program to prop up the price of its funds. DB stock lost some $2.3 billion in market cap on February 8, dropping to an annual low share price of $15.38. Just a month ago, DB stock was trading at the $20.00-$24.00 level. In Frankfurt, DB shares, which used to trade at €177 (approximately US$185.00), tanked to €5.54 (US$17.00)-an all-time.
Den vollständigen Artikel lesen ...