BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > Share Price Drop

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Post by mydogchachon Apr 21, 2021 9:40am

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Post# 33036133

Share Price Drop

Hexo's share price at close Feb 16 was $11.52 (I believe) after announcing the Zena acquisition.
Hexo's share price right now $ 6.36

This despite having Molson Coors (a Fortune 100 company) as a partner.

Tourqueer can post all the irrelevent, off topic nonsense he wants and ignore facts - people invest to make money and Hexo has lost $5+ a share since Zena.
It's doesn't matter if other stocks and the market is down too - how does that help you justify the $5 loss you're experiencing.

Baking flower - Hexo's newest market disruptor.

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