Did Citigroup's Latest Earnings Change the Investment Case?

The second quarter proved to be a strong one for big banks, which were fueled by a surge in investment banking and mergers and acquisitions, institutional trading, and rising asset levels. But one big bank failed to impress investors despite reporting solid results in Q2: Citigroup (NYSE: C).Citigroup stock has tumbled some 7% since the bank reported earnings on July 14. It's surprising given how Citigroup performed, crushing estimates by a wider margin than many of its competitors. But the investment case may have turned negative for many investors on the tepid outlook.But is this a knee-jerk reaction or a longer-term concern?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool