Reported by CNBC · cnbc.com · August 21, 2026
Citadel has unwound more than 80% of the portfolio risk it acquired from Situational Awareness through over $4 billion in block trades, said Ken Griffin.
What to watch: Block Inc. (XYZ) is involved in M&A activity valued around 80% — deal terms and financing structure matter more than the headline here.
Market reaction today: $XYZ -0.95%
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