You got it - and yet there are investors here who think that high interest rates are to blame for Magellan's demise. It has NOTHING to do with it - Magellan's job is to outperform in any market cycle. That is why it charges the fees it does. When you can't deliver on that performance - or when your sausage McMuffin tastes worse and is costlier than Maccas - why would people do business with you?
Too many people here don't seem to get that.
Ann: Funds Under Management - October 2023, page-3
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Last
$9.00 |
Change
-0.020(0.22%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.07 | $8.91 | $4.153M | 461.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2839 | $8.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.02 | 7991 | 1 |
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