skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. CIGI: CIGI is basically down approx 15% MTD. [Colliers International Group Inc. Subordinate Voting Shares]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: CIGI is basically down approx 15% MTD. Any idea what the problem is here?

Thanks


Sheldon
Asked by Sheldon on September 25, 2023
5i Research Answer:

CIGI held some investor meetings last week, but there was no specific negative nor material news announced. But the commercial real estate sector in the US has had an absolutely brutal September, and it has been the worst-performing sector as renewed fears of 'higher for longer' interest rates re-surfaced. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind