Popular ETF USO drops -25%, OIL Etn -40%, UCO -56.83%



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Market News 

  • United States Oil Fund LP (USO) -25% Almost
  • iPath Series B S&P GSCI Crude Oil Total Return Index ETN (OIL) -40.21%
  • ProShares Ultra Bloomberg Crude Oil(UCO) -56.83%
uso-apr-21

USO

US Oil Fund drops 25% 
after changing structure again as popular ETF tries to stave off collapse


Investors getting ‘hosed’, rude awakening

Retail investors who believed they were investing in crude oil get a rude awakening


The biggest oil ETF is down more than 30% this week, and retail investors are getting ‘hosed’


USO Popular On Robinhood App

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[ScreenCap via RobinTrack.net]
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