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New York Group Bancorp’s inventory falls to ranges not seen since 1997

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New York Group Bancorp. misplaced floor however remained above its 52-week intraday low because the hard-hit inventory fell on Friday.

The inventory
NYCB,
+6.32%
has misplaced about 60% of its worth since asserting a shock loss on Jan. 31 after which following up with an announcement on its ‘ample’ liquidity and a brand new government chairman on Wednesday.

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