National Bank of Greece (ADR) (NYSE:NBG) stock managed to rise more than 5% yesterday and closed at $1.23. However, debt-ridden Greece could not shield itself from allegations waved by the country's EU partners in the Riga meeting yesterday.
What: Shares of National Bank of Greece (NYSE: NBG ) , Greece's largest bank by assets, skyrocketed 43% in February, based on data from S&P Capital IQ, following a bailout agreement reached between Greece and its creditors.
National Bank of Greece (ADR) (NYSE:NBG) stock finished in the red at 3.20% as markets closed yesterday. The stock is likely to fall again today as it is down in pre-market trading by a whopping 9.09% at 6:57 AM EDT.
Greece's troubled financial sector has hit another low, with Fitch Ratings downgrading a number of banks including Greece's largest lender - National Bank of Greece (ADR) (NYSE:NBG). Following a downgrade of Greece's sovereign ratings on March 27, the ...