CIT Group (CIT) NewsBite - One Of Today's Top Losers
Posted: Tuesday, October 13, 2009 2:44 PM EDT
CIT Group (CIT) leads the list of top losers so far today and is now at $0.88, down $0.16 (-15.05%) on volume of 76,782,648 shares traded. Over the last 52 weeks the stock has ranged from a low of $0.31 to a high of $6.62. CIT Group stock has been showing support around $0.99 and resistance in the $1.11 range. Technical indicators for the stock are neutral and S&P gives CIT a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for CIT. [ABR-Seven Summits Strategic Investments NewsBite]
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