Ambac Financial Group, Inc. (NYSE:ABK) fell 2.50% to $1.17 after climbing to $1.34 during the late morning session. The stock rose more than 14% in the last 5 trading sessions so far.
ABK will explode with a massive short covering.
Also, the stock is up more than 129% from its 52-week low of $0.51. Ambac Financial Group, Inc. is a primarily a holding company.
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