Attention K-mart shoppers…pop quiz. Today 99 cents could buy you a) something tacky from the dollar store or b) one share of Citigroup? If you answered c) all of the above, you’re right! Citi actually closed out at $1.02, so add a few more cents and a share of the troubled investment bank could be yours tomorrow.
The market in general also tanked again today, with U.S. stock indexes finishing down 4%. Earlier this week the Dow hit its lowest level since 1997. With market performances like that, it could be time for everyone to start hitting the dollar store. Or the bottle.
