Pressuring Jefferies (JEF)

Photo of Jon C. Ogg
By Jon C. Ogg Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Jefferies Group, Inc. (NYSE: JEF) has witnessed a slide that has been almost impossible to combat.  The company has denied that it has excessive exposure to Europe and it even went as far as to release its obligations in a public presentation.  It feels daily and weekly Jefferies is sold off now.  Unfortunately, they have the term “Rumor Friday” for a reason.  Shares are down almost 3% at $9.84 against a $9.50 to $27.12 range over the last 52-weeks.

Contact [email protected] for any questions or corrections.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

GPC Vol: 5,088,383
MRNA Vol: 14,112,476
EFX Vol: 2,195,638
VRTX Vol: 1,879,133
SPGI Vol: 3,749,613

Top Losing Stocks

TER Vol: 5,938,036
KLA
KLAC Vol: 23,648,857
GLW Vol: 21,192,211
STX Vol: 6,302,838
LRCX Vol: 18,973,383