r/Investing101

▲ 156 r/Investing101+95 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 4 days ago
▲ 1 r/Investing101+1 crossposts

New To Investing. ETF Dividend % Change Question

I just started investing and within the last 6 months have started to buy some ETFs.

I noticed within the last week that some of these ETFs dividend yield percentages have changed dramatically.

Specifically IWMI, GPIX, GPIQ, SPYI, and QQQI all were 8-12% and now they are 1-3%.

I looked to see if there was news on this but it hasn’t turned up anything and I thought maybe it was just a glitch in my app but it has remained like this all this week.

Did I miss something?

Is this fluctuation common?

Any insight would be greatly appreciated.

Thank you for your time!

reddit.com
u/RebelCyclone — 8 days ago
▲ 7 r/Investing101+2 crossposts

Help please

Part of me wants to leave it be as I had conviction in my picks. But now for whatever reason I’m debating selling the single picks and go fully: VOO, qqq, SCHD, Vxus. Obviously everyone is going to have their opinion I’m just trying to set myself up for success.

u/tits86 — 10 days ago