Investing

Pressuring Jefferies (JEF)

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.

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