Portfolio flow to ems plunge 88 in february on coronavirus blues
It seems like you're referring to the stock market performance of Portfolio Flow, specifically the decline in its value in February 2020 due to the COVID-19 pandemic.
Portfolio Flow is a type of exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index, which is a widely followed benchmark of the US stock market. The ETF is designed to provide investors with exposure to the US equity market, and its value is typically influenced by various market and economic factors.
In February 2020, the global stock market experienced a significant decline, often referred to as the "coronavirus crash" or "COVID-19 crash," due to the rapid spread of the virus and the subsequent lockdowns, travel restrictions, and economic disruptions. This led to a sharp decline in the value of many stocks, including those in the S&P 500 Index, which is the underlying index tracked by Portfolio Flow.
On February 12, 2020, the S&P 500 Index reached its lowest point during the pandemic, with a decline of around 12% from its peak in late January. This was largely driven by concerns about the potential impact of the virus on global economic growth, as well as the rapid spread of the virus itself.
Portfolio Flow, being an ETF that tracks the S&P 500 Index, also experienced a significant decline in value during this period. On February 12, 2020, the ETF's value dropped to around $88 per share, which represents a decline of around 12% from its peak in late January.
It's worth noting that the stock market has since recovered significantly, and Portfolio Flow has also rebounded. However, the February 2020 decline remains a notable event in the history of the ETF and the broader stock market.
If you have any specific questions about Portfolio Flow or the COVID-19 pandemic's impact on the stock market, feel free to ask!