"TVIX only $6.50 above fair value," tweets a wise guy as shares in the leveraged ETN are hammered again this morning, -8.4% to $6.56, bringing the decline to 55% in less than 3 days. ETN prices can vary widely from NAV, leading to excessively high premiums when shares become dear, and then the correction when the issuer prints up more.
"TVIX only $6.50 above fair value," tweets a wise guy as shares in the leveraged ETN are...
From other sites
at CNBC.com (Oct 13, 2014)
at CNBC.com (May 24, 2012)
at CNBC.com (Mar 27, 2012)
Video at CNBC.com (Mar 23, 2012)
at CNBC.com (Mar 23, 2012)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs