UNG Surges On Natural Gas Reporting Overhaul
April 05, 2010 at 15:14 PM EDT
The first quarter of 2010 has not been kind to investors in the United States Natural Gas Fund (UNG), which has seen shares repeatedly touch new lows as a medley of still weak demand, surging supplies, and–of course–contango in natural gas futures markets. The fund finished the first quarter down nearly 30%, with the majority [...] Related Stories: The Definitive Guide To Natural Gas ETFs: Natural Gas ETF Investing 101 Jefferies Plans Natural Gas, Wildcatters ETFs Daily ETF Roundup: UNG Slides, EWJ Surges
