Lehman (NYSE: LEH) hit by concerns about huge Q1 write-offs. Falls to $42.77 from 52-week high of $82.05.
Citigroup (NYSE: C) sells off because bank may have to raise more money. Down to $19.74 from 52-week high of $55.55.
Level 3 (NASDAQ: LVLT) loses its president, raises issues about next quarter. Sells down to $1.87 from 52-week high of $6.46.
Fannie Mae (NYSE: FNM) drops on negative comments in Barron’s. Sells off $18.50 from 52-week high of $70.57.
Thornburg Mortgage (NYSE: TMA) Capital calls raise concerns about bankruptcy. Goes down to $.75 from 52-week high of $28.40.
Keryx Biopharmaceuticals (NASDAQ: KERX) Big clinical trial falls short. Shares trade off to $.60 from 52-week high of $11.70.
Douglas A. McIntyre
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