Next Estimated VXX Reverse Split—December 11th, 2021
I’m estimating Barclays will reverse split VXX for the 6th time on December 11, 2021, based on the recent decay rates of around 6% per month (when the market is not correcting). The market crash in early 2020 drove VXX’s price up quite a bit. For a security doomed to decrease in value over time Barclays’ VXX does amazingly well. Its volume averages over 25 …
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