Citi Warns Of ETF Distortions Due To Gamestop Surge
Jan 28th 2021 9:20am EST
Citi Warns Of ETF Distortions Due To Gamestop Surge GameStop’s surge over the past two weeks has prompted Citi analysts to warn investors that some ETFs are facing distortions due to an outsized influence from the video-game retailer as its boom has altered their composition and may force “ad-hoc rebalances and strategy adjustments”, Bloomberg reports. […]
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