Freddie Mac Breaks Support, Drops To New Low

Thu. July 03, 2008; Posted: 10:18 AM

(RTTNews) - Freddie Mac (FRE | Quote | Chart | News | PowerRating) has been falling steadily since Thursday's open. Currently, the stock is trading at $14.58 down $1.34 from Wednesday's close.

The decline has taken the stock below support and to a new multi-year low.

For full details on Freddie Mac (FRE) click here. Freddie Mac (FRE) has Short Term PowerRatings of 5. Details on Freddie Mac (FRE) Short Term PowerRatings is available at This Link.

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