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Underperformance

lse:iusa

#1

Anyone know why this is underperforming the S&P500 by over 4% this week? The S&P is down around 4% but this stock is down 8.07%. Am I missing something? It can’t be just currency changes or trading/management fees.
pricetime_opentagPrice details at 2009-01-09 16:35:15:-
Bid: 588.50, Ask: 589.00, LastTrade: 589.00, Change: -0.76%
pricetime_closetag


#2

Hi mcg,

Gbp has been volatile against usd recently which makes trading in usd denominated etfs difficult.
I suspect that the 4% you speak of was due to currency.

Pedant


#3

are you guys holding any of these?

vb2


#4

Still nobody out there, feels lonely…

vb2


#5

got 550 units bought at 636p on 5th.Jan.


#6

I bought today at 5.65 after delaying in the hope of a bigger correction after the recent rally. Now I’m in, the correction will probably start in earnest!


#7

GOOD that makes at least 3 of us now, I was feeling a bit lonely.

little family soon,

vb2