A rare investment that has skyrocketed
Fifth Third stock up on profitable ’09
Excerpt:
Loan charge-offs moderated for FifthThird Bancorp in the fourth quarter, helping to produce a lower-than-expected loss and a profit for the full year.
That news helped kick up shares of Fifth Third (NASDAQ: FITB) by about 7 percent or 80 cents, to $12.11 in Thursday morning trading.
11 months ago: Financial Bloodbath!
Today trading over 10X purchase price.
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