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Barchart
Barchart
Wajeeh Khan

THE TRUTH ABOUT: Blue owl stock dips back into oversold territory on high redemption requests - The Untold Story

Blue Owl (OWL) stock has faced intense pressure in recent sessions after the company announced an alarming $5.4 billion in redemption requests across its flagship credit and tech-focused funds. 

The selloff crashed OWL’s relative strength index (14-day) back into the oversold territory (below 30), signaling the asset management firm may be due for a technical rebound. 

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