The price of the stock has sagged since then.
But traders used the higher price levels as an opportunity to sell bonds, and prices sagged.
Individual investors whose cash has powered this market have been willing to buy when prices sagged.
Prices of crude oil and petroleum products sagged a bit, after having climbed nearly $2 in a week.
Prices of Treasury bonds and notes sagged further in light trading yesterday.
As Blimpie's struggles continued, investors showed little interest in the company, and the price of the company's stock sagged.
"But other price-sensitive payments have since become operational, as prices sagged in the late 90's."
As a result, prices of Treasury securities sagged and short-term interest rates rose sharply.
But the auction results quickly dispelled the optimistic talk, and prices sagged afterward.
Although the market was bracing for poor results at the Treasury's auction of two-year notes, prices sagged further than expected.