Shares of the Fundrise Innovation Fund plunged ~33% after Citron Research revealed it was shorting the newly public venture-capital investment vehicle. The Citron disclosure triggered heavy selling in the thinly traded new issue, highlighting elevated investor positioning risk and potential liquidity/technical volatility for similar vehicle listings.
Shares of the Fundrise Innovation Fund plunged ~33% after Citron Research revealed it was shorting the newly public venture-capital investment vehicle. The Citron disclosure triggered heavy selling in the thinly traded new issue, highlighting elevated investor positioning risk and potential liquidity/technical volatility for similar vehicle listings.
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strongly negative
Sentiment Score
-0.70