The government's $20 billion bailout of Citigroup Inc. (NYSE: C) lifted shares of Wells Fargo & Co. (NYSE: WFC) $4.26 to close at $26.02 and JPMorgan Chase & Co. (NYSE: JPM) $4.86 to close at $27.58. Shares of Citigroup rocketed $2.18 to close at $5.95.
Citigroup Bailout Lifts Banks
November 24, 2008 at 17:18 PM EST