Live On CNBC Jim Lebenthal Announces Sold SPDR S&P Regional Banking ETF
Portfolio Pulse from Happy Mohamed
Jim Labenthal announced on CNBC that he has sold his position in the SPDR S&P Regional Banking ETF (KRE).
June 22, 2023 | 4:15 pm
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NEGATIVE IMPACT
Jim Labenthal's sale of his position in the SPDR S&P Regional Banking ETF (KRE) may influence other investors to reconsider their holdings.
Jim Labenthal's announcement of selling his KRE position on CNBC may lead to other investors reevaluating their holdings in the ETF. This could result in increased selling pressure and a potential short-term negative impact on KRE's price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100