New York Community Bancorp’s stock falls to levels not seen since 1997

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New York Community Bancorp. lost ground but remained above its 52-week intraday low as the hard-hit stock fell on Friday.

The stock

has lost about 60% of its value since announcing a surprise loss on Jan. 31 and then following up with a statement on its ‘ample’ liquidity and a new executive chairman on Wednesday.

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