Cantor Fitzgerald Downgraded

Cantor Fitzgerald LP had its credit grade cut to one level above junk by Standard & Poor’s as competition and the brokerage’s expansion plans pressure income, according to the ratings company.
Is Tesla’s Downgrade an Opportunity for Investors
07:01 - IDDS Group co-founder and CEO Max Zanan and Jefferies Analyst Dan Dolev discuss the Tesla being downgraded with Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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