Morning Market Movers (C, SCEI, SGOC, ROSE)

Citigroup Inc C jumped 892.26% to $44.85 at 9:50 am. Citigroup announced the effectiveness of its reverse stock split, under which 10 shares of stock were exchanged for one new share. Sino Clean Energy Inc SCEI shares advanced 30.00% to $2.73. SCEI's Board of Directors authorized the $20 million share buyback plan. SGOCO Group Ltd SGOC climbed 16.46% to $4.60. SGOC reported a 220.2% y/y jump in its 2010 revenue. Rosetta Resources Inc ROSE shares surged 15.26% to $47.37. Rosetta reported its Q1 net income at $11.0 million, up from $7.3 million, in the year-ago period. Read more from Benzinga's Markets.