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$1.34 -0.12 (-8.22%)
1/7/2009 4:00 PM

Ambac Financial Group, Inc. (ABK)

CAPS Rating:
*

A holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both the public and private sectors around the world.

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Avatar CAPSnGAIN (< 20) Submitted: 10/03/08 2:44 PM : Underperform Start Price: $3.38 ABK Score: 26.91

With all eyes on US Real Estate and debt, I was surprised to notice cracks in the muni market (NY, CA, etc.). This is supposed to be the "conservative part" of their business, so if things get worse, it's possible their credit rating could be in for more decreases.

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