Shares of Genworth Financial Inc. slid Friday, after the insurer was downgraded by a Citi Investment Research analyst citing deteriorating fundamentals, including a recent run-up in the company's share prices.
Genworth shares slip after 1Q loss
Shares of Genworth Financial Inc. gave ground Friday, the day after the insurer reported a first-quarter loss largely due to subprime mortgage impairments and investment losses.
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