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VIACA - ViacomCBS: Now On The Wrong Side Of 500% Leverage
ViacomCBS Inc - Class A
ViacomCBS stock was a victim of unadulterated leverage.
As Archegos blew up and brought the stock down, it is important to remember that the bulk of the rally from November was also created via extreme leverage.
The company has used the price given to it in a prudent manner and now is armed and ready to fight streaming battles.