We may have trouble categorizing Citigroup in our next investor perception study. The bank has fallen stunningly from being a mega-cap to a mid-cap. At its peak in 2006, Citi stock was worth $55.70 per share, for a market cap of $277 bn. Yesterday, closing at $1.02 per share, the bank had a market value of $5.7 bn. If that holds, Citi will have a whole new list of peers, as our survey segregates companies by their market-cap classifications. What’s more, the bank is even potentially in danger of de-listing. Is this really possible?
North American editor