Spinoff ETF Could Spin Back Into Spotlight
March 29, 2022 at 10:52 AM EDT
More companies are turning to spinoffs as a way of unlocking shareholder value, and that could have implications for the Invesco S&P Spin-Off ETF (NYSEARCA:CSD) — the lone exchange traded fund dedicated to this particular corporate action. Last year, 34 companies announced spinoffs, and...