Citadel cuts E*Trade stake to under 10%
E*Trade Financial Corp. said Citadel LLC will sell shares of the online brokerage, cutting its stake to less than 10%, after it sold almost 24 million shares less than two months ago.
E*Trade Financial Corp. said Citadel LLC will sell shares of the online brokerage, cutting its stake to less than 10%, after it sold almost 24 million shares less than two months ago.
Citadel, the hedge-fund operator that injected capital to help E*Trade avoid bankruptcy three years ago, plans to s
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