Here is a thought, how long does it take for a stock like Bear Stearns to double its price? Next, think how long it takes to fall back to that price? Answer below:
020 ET 14Mar2008-Bear Stearns stocks sees big wipe-out in just 30 min
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The drop in shares of Bear Stearns was so dramatic on Friday, it took the
stock just about 30 minutes to tumble to as low as $28.42 from a Thursday close
of $57 on the New York Stock Exchange. The drop was more than 40 percent.
For more please double click [ID:nN14389680]
Reuters Messaging rm://[email protected]
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