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Tuesday, 04/21/2020 11:56:21 AM

Tuesday, April 21, 2020 11:56:21 AM

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The United States Oil Fund LP, or USO, plunged as much as 12% to hit the lowest since its 2006 inception amid a staggering sell-off in crude. The slide came after investors plowed $1.6 billion into the exchange-traded fund last week -- the best on record. USO said Monday it plans to sell an additional 4 billion of new shares as the ETF approaches its shares outstanding limit, according to a filing with the Securities and Exchange Commission.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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