Meredith Whitney Defends Jefferies (JEF)

November 3, 2011 2:10 PM UTC
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Price: $38.29 -13.53%

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    5 Buy, 7 Hold, 0 Sell

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Jefferies Group, Inc. (NYSE: JEF) turns positive after Meredith Whitney defended the stock, according to CNBC.

Whitney said the company is conservative and has capital buffers.

Shares of Jefferies are up 1 percent. The stock was down 20 percent earlier and was halted on a stock circuit breaker.


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