CIT Shares Tumble After Trading Resumed

Tags: Business Operations, CIT Group, Finance, Investment, Lender, Litigation, Oukbs, Personal Finance

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2009-11-02 07:31:07.0

NEW YORK (Reuters UK) - Shares in CIT Group (CIT) fell 55 percent to 32 cents on Monday after trading in the lender's stock resumed on the New York Stock Exchange.

CIT's shares were suspended from the open after the lender filed for bankruptcy.

(Reporting by Edward Krudy; Editing by James Dalgleish)

 

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