Lehman stock falls 25 percent to new low after-hours

NEW YORK (Reuters) - Lehman Brothers Inc LEH.N saw its stock fall another 25 percent to a new low in after hours trade on Thursday, after news that U.S. authorities were in talks over a possible sale of the troubled investment bank.

The stock was bid around $3.20 in after-hours trade.

Earlier Lehman Brothers stock closed down 42 percent at $4.22 on the New York Stock Exchange as investor fears grew that Lehman would fail to raise enough capital to cover its mortgage-related losses.