down arrow

Oof. Shares of Citigroup (C) are off 8% after the company’s weak secondary offering last night.

Watch out today, folks.

As we noted earlier, there’s nothing more terrifying to this market than the notion that the giant cash pool out there might not be unlimited.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.