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Citigroup Shares Rise After Share Collapse in Japan

By Peter York, Published: July 13th, 2009 9:45 AM CDT

Citigroup Inc. (C) shares in Tokyo had fallen over 6% last night, with the Nikkei index down 2.55%.  It looks like Japanese Citigroup traders may have overreacted.

This morning, despite an analyst earnings warning, Citigroup shares are up around 3%, suggesting that Tokyo's light trading of Citigroup had little impact on United States trading.  Citigroup shares also trade in Mexico.

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