ING Group NV (ADR) (NYSE: ING)
ING Group is having an incredibly rough time in the pre-market trading hours, and for good reason. The company disclosed a criminal probe into their activities. Shortly after the disclosure, our partners at Trade Ideas alerted us to the declines. Currently (8:33), ING is trading at $14.79 per share after a loss of $0.68 per share or 4.40% thus far today.
What We’ll Be Watching For Ahead
CNA Finance will be watching ING Group incredibly closely moving forward. At the moment, there are no details as to why the criminal probe is taking place. However, there are rumors of substantial repercussions to come. Nonetheless, we’ll continue to watch the story closely and bring the news to you as it breaks!
What Do You Think?
Where do you think ING is headed moving forward? Join the discussion in the comments below!
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