Did Citadel’s $4 Billion AI Stock Selloff Weigh On MU, SNDK, NBIS?
benzinga_article·
- Citadel executed nearly 100 block trades worth over $ 4 billion in about three weeks, shedding more than 80% of the aggregate risk from Situational Awareness.
- The massive rescue and subsequent market rebound provided Citadel with the liquidity needed to offload most of its risk positions.
- While the exact trade dates and stock names remain undisclosed, market participants continue to debate whether these large sales exerted near-term downward pressure on AI-related equities.