Jefferies (JEF) Extends Losses to 8th Day Amid Exposure to First Brands Bankruptcy

We recently published 10 Stocks Taking a Nosedive.Jefferies Financial Group Inc. (NYSE:JEF) is one of the worst performers on Wednesday. Jefferies extended its losing streak to an 8th consecutive day on Wednesday, dropping 7.88 percent to finish at $54.44 apiece, as investors sold off positions amid its exposure to First Brands’ bankruptcy protection filing. In a disclosure to the Securities and Exchange Commission, Jefferies Financial Group Inc. (NYSE:JEF) said that its subsidiary—Apex Credit Partners L ...