Archegos-Linked Stocks Whipsaw With Block-Trade Woes Persisting

(Bloomberg) — The group of stocks at the center of a $20-billion block trades selling spree last week were under pressure on Monday as investors worried there could be more fallout from forced offerings.

ViacomCBS Inc. fell as much as 4.3% in New York trading after a $2.1 billion block trade was said to price at the top of its range, while Discovery Inc. gained 2.4%. The American depositary receipts of Chinese companies Tencent Music Entertainment Group, Baidu Inc. and GSX Techedu Inc. were…


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