Regions Financial Sells Stock For $4 Per Share

May 21, 2009 10:23 AM |

Shares of Alabama-based Regions Financial Corp. (NYSE: RF) continued to slide by falling 78 cents to $4.11 after selling new stock at only $4 a share. Shares of Fifth Third Bancorp (Nasdaq: FITB) also lost ground by dropping 82 cents to $6.89.

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