PJC Falls to Levels Below Book Value
July 25, 2014 at 12:58 PM EDT
In trading on Friday, shares of Piper Jaffray Companies (PJC) crossed below their last reported book value defined as common shareholder equity per share of $51.45, changing hands as low as $51.30 per share. Piper Jaffray Companies shares are currently trading down about 1% on the day..