Stock split for Citigroup: Will it work?
Stock split boosts Citigroup's share price. The big question: Will reverse stock split bring in institutional investors?
Prior to the financial crisis, in December 2006, Citigroup shares reached an all-time high level of $57. By March 5, 2009, Citi shares fell below $1, trading as low as $0.97.
Since January 2009, the stock has remained in the single digits, trading below $6 until today.
Click on the chart above to see some of the stock splits in the past year in the S&P 500 and how those stocks performed.