CNBC Television published this video item, entitled “Bear Traps Report’s Larry McDonald on Archegos’ forced liquidation” – below is their description.
The intense selling in some stocks last week may be linked to the forced liquidation of positions held by Archegos Capital. Legacy media companies Discovery and ViacomCBS fell sharply on Friday with Chinese internet ADR’s Baidu, Tencent and Vipshop also caught up in the selling. Larry McDonald, editor of the Bear Traps Report, joined “Squawk Box” on Monday to discuss.
CNBC Television YouTube Channel
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