BY: Sandeep Bishnoi
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Image: googlewebstory
Citigroup reported a surprise loss in Q4 2023, impacting market sentiment.
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Internal reorg and charges contributed significantly to the Q4 loss.
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Some analysts see value in Citi's long-term strategy, while others remain cautious.
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Despite the loss, Citi maintained its quarterly dividend, offering income seekers a silver lining.
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Citi joins a growing trend, allowing select clients to trade Bitcoin ETFs through UBS.
Citi's stock climbed 13.7% in 2023, lagging behind larger competitors.
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Image: google webstory
Current price hovers below the 52-week high, leaving investors pondering the recovery potential.
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Macroeconomic factors like inflation and potential interest rate hikes could influence Citi's stock.
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Citi's Q4 loss presents both concerns and potential opportunities for investors.
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Follow trusted financial news sources and analyst reports for ongoing updates on Citigroup stock.
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