Citigroup stock price slips after Wall Street selloff; Citi’s preferred redemption and Trump Accounts match in focus
Citigroup shares fell 1.5% to $115.74 Thursday, with little change after hours and trading volume above average. The bank said it will redeem $2.3 billion in Series X preferred shares on Feb. 18 at $1,000 each, and will match the U.S. government’s $1,000 “Trump Account” deposits for eligible employee families starting July 4. Wall Street ended lower, led by declines in tech stocks.