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Wednesday's ETF Movers: CQQQ, IYT
Apr 24, 2024 (MarketNewsVideo.com via COMTEX) --
In trading on Wednesday, the Invesco China Technology ETF (CQQQ) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Dada Nexus (DADA), up about 3.8% and shares of Weibo (WB), up about 2.4% on the day.
And underperforming other ETFs today is the iShares U.S. Transportation ETF (IYT), off about 3.1% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Old Dominion Freight Line (ODFL), lower by about 8.5%, and shares of Arcbest (ARCB), lower by about 7.1% on the day.
The preceding is a transcript of the MarketNewsVideo.com video published at: https://www.marketnewsvideo.com/?id=20240420240424etfotherDADA&mv=1.
COMTEX_451348827/2478/2024-04-24T12:15:25