The Citigroup stock has been on the rise since April 30 and it has maintained a strong bullish trend over the last five days with today being the best performing day.
To help stock traders who want to invest in the current surge in Citigroup stock price, Invezz has created a brief article on what it is and the best places to buy it.
To find out more, please continue reading.
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What is Citigroup?
Citigroup Inc., commonly just referred to as Citi, is an American multinational investment bank and financial services corporation. It is headquartered in New York City.
Citigroup was formed after the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998. However, Travelers was later dropped off from the company in 2002.
Citigroup is a publicly listed company and it’s traded on the New York Stock Exchange (NYSE) under the ticker NYSE: C.
Should I buy the Citigroup stock today?
If you want to invest in a stock that has been rising since the beginning of this month, then Citigroup could be a good choice.
You should however note that the stock has been dropping for the better part of 2022.
Citigroup stock price prediction
Stock analysts are still skeptical about a complete Citigroup stock rebound. The majority expect the stock to however attempt to get above $50.5 by the end of this month.
Citigroup social media coverage
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