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Evaluating The Spin-Off ETF
2014-09-19 02:51:24| Paper - Topix.net
The indiscriminate selling of the shares of the spin-off by both retail and institutional investors results in pronounced undervaluation of the stock. Retail investors do not want to own a company they did not choose, while many funds are forced to sell the new stock, as it does not fit their criteria.
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etf
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