Noteworthy ETF Outflows: TNA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2024
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Source: NASDAQ.COM
TNA Stock Performance: TNA's stock has a 52-week low of $21.5785 and a high of $51.14, with the last trade recorded at $39.45, indicating a significant fluctuation in its market value.
ETFs Trading Dynamics: Exchange traded funds (ETFs) operate like stocks but involve trading "units" that can be created or destroyed based on investor demand, impacting the underlying holdings significantly during notable inflows or outflows.
Analyst Views on TNA
Wall Street analysts forecast TNA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 57.990
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Current: 57.990
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
