Markets backing up todayFinancials taking a hit and in particular the lifecos, outside of GWO.
Market really punished IAG off the getgo this morning, dropping that stock nearly 10% in the first hour of trading.. Apparently something in the report the shortsellers saw to drive the price down. Maybe the street did not believe the dividend shouldhave been hiked.. who knows for sure. I could NOT find anything major to account for the smashdown in the M, D and A. But it complicated and long AND above my pay grade.
DFN will have given some back this morning, but not nearly what LFE has lost..