Lehman feels the strain

Alexander Campbell
01 Apr 2008

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Lehman Brothers was forced to reassure investors over its liquidity position in March, after its stock price spiralled downwards following concerns it could run out of cash. From a previous close of $39.26, Lehman Brothers' stock price fell dramatically on March 17, touching a low of $20.25 and closing at $31.75, before rebounding the following day to close at $46.49 on better-than-expected first-quarter earnings.

The collapse in its stock price followed the admission from Bear Stearns on March

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