Live On CNBC, Joe Terranova Announces Sold Energy Transfer, Occidental Petroleum In ETF Rebalance
Portfolio Pulse from Happy Mohamed
Joe Terranova announced on CNBC that he has sold his shares in Energy Transfer and Occidental Petroleum as part of an ETF rebalance.
August 07, 2023 | 4:20 pm
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NEGATIVE IMPACT
Energy Transfer shares were sold by Joe Terranova during an ETF rebalance.
The sale of Energy Transfer shares by a prominent investor like Joe Terranova could potentially lead to a short-term decrease in the stock's price as it may signal a lack of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Occidental Petroleum shares were sold by Joe Terranova during an ETF rebalance.
The sale of Occidental Petroleum shares by a prominent investor like Joe Terranova could potentially lead to a short-term decrease in the stock's price as it may signal a lack of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100