Did Citadel’s $4 Billion AI Stock Selloff Weigh On MU, SNDK, NBIS?
Ken Griffin’s Citadel unloaded 80% of its rescued AI stock book in $4 billion of block trades. Did the selling weigh on the AI trade?
A big investment company sold a lot of AI stocks it owned, which might have pushed some prices down. When large owners sell big amounts, it can give us clues about whether they think prices are too high right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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