The three most active funds and stocks in pre-market trading on the NYSE were Citigroup
(NYSE:C), Sprint (
NYSE:S), and Bank of America
(NYSE:BAC) as of 8:45 a.m.
8.09 million shares of
Citigroup, which was down $0.86, or 2.35%.
Citigroup CEO Vikram Pandit
announced this morning that he would step down a day after Citi reported its third quarter earnings. The move surprised investors.
Investors exchanged 7.56 million shares of
Sprint, which was up $0.02, or 0.35%
. According to Bloomberg
, people with direct knowledge of the situation said that Sprint has no immediate plants to take over Clearwire Corporation
Investors also traded
3.33 million shares of Bank of America, which was up $0.06, or 0.64%
. According to the Wall Street Journal
, investment banker Margaret Ren is rejoining Bank of America Merrill Lynch as China executive and chairman.
No positions in stocks mentioned.