Citigroup (C) Flirts With $5/Share Level

Shares of Citigroup, Inc. (NYSE: C) are flirting with the $5 per share level, and printed a few trades at that level.

The upside comes ahead of earnings before the open Monday April 19.

The $5 level is considered important as it will likely allow a broader array of mutual funds to invest in the shares, which could create a base and possibly push them even higher.

Shares of Citigroup have surged 46% in the past 3-months on optimism about a turnaround for the bank.

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