JPMorgan Downgrades CBOE Holdings (CBOE) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Inverse VIX ETN Blowup a Big Risk for CBOE Holdings (CBOE), Two Analysts Say in Downgrades
February 7, 2018 1:41 PM ESTShares of CBOE Holdings (NASDAQ: CBOE) were pressured for the second consecutive session as Wall Street debates the fallout from the VIX spike and related plunge in several inverse VIX ETNs. Today, two large brokerage firm's downgraded the stock amid risk to profit, sending the stock down 3% to $113.46.
JPMorgan's Kenneth Worthington downgraded the stock from Overweight to Neutral saying he sees "the risk presented by massive deterioration of value in short-VIX strategies as a risk to CBOE." Worthington notes inverse ETNs like VelocityShares Daily Inverse VIX ST ETN (NYSE:... More
