Algos are built to troll news. And a down grade will trigger selling and to much selling will trigger more algo selling
This was displayed rather hilariously recently when you could by a blue check and people made funny blue check Raytheon announce it's ending all building of weapons and the algos picked it up and dumped the stock.
Algos are built to troll news. And a down grade will trigger selling and to much selling will trigger more algo selling
This was displayed rather hilariously recently when you could by a blue check and people made funny blue check Raytheon announce it's ending all building of weapons and the algos picked it up and dumped the stock.