Dear readers, it is indeed a shocking news to investors today. Credit Suisse Group (SWX:CGSN) is down almost 60% as at this time of writing.
Credit Suisse Group stock is now trading at 0.76CHF right now and year to date, the stock is down 73.68%!
I think many knows the collapse of Credit Suisse Group stock is due to the recent developments surrounding US and Europe banks. I will suggest everyone not to take advantage of the current weakness in these stocks which have gone south so as not to catch a falling knife!
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