Bancolombia SA
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Based in Colombia
Company profile

Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$30.90
Day's Change
0.07 (0.23%)
Bid
--
Ask
--
B/A Size
--
Day's High
31.00
Day's Low
30.29
Volume
(Light)
Volume:
279,361

10-day average volume:
664,225
279,361

Here's how much money you would've lost if you bought crypto during Matt Damon's 'Fortune Favors the Brave' commercial

11:41 am ET May 18, 2022 (MarketWatch)
Print

By Weston Blasi

The Matt Damon 'Fortune Favors the Brave' commercial has been viewed over 28 million times on Twitter and YouTube

Remember when Matt Damon told you, "Fortune favors the brave"?

Well, Twitter (TWTR) users do, and many of them are bringing up the viral Crypto.com ad, while prices for cryptocurrency like bitcoin and ether are slumping, and crypto exchange platforms like Coinbase (COIN) are losing billions in market cap.

See: Despite $11 million in donations from a crypto billionaire, Carrick Flynn loses big in Oregon primary

The commercial, which debuted on October 28, 2021 and was replayed again during the Super Bowl, has now been viewed 9 million times on Twitter and over 17 million times on YouTube.

"I've never done an endorsement like this," Damon, who is also a Crypto.com investor, said when the commercial debuted. He also told Bloomberg that he's ready to "ride or die with the economy" -- but he's also not quitting his day job making movies.

See also: Netflix tells employees, 'You may need to work on titles you perceive to be harmful'

Matt Damon and his representatives did not respond to MarketWatch's request for comment on this story.

Unfortunately, if you had purchased $1000 worth of bitcoin when the commercial debuted, your crypto value would be about $481 today.

Meanwhile, that same $1000 worth of ether would now be worth $477.

Obviously, the commercial likely had little to no impact on the crypto markets, and October represents an arbitrary starting point for any crypto-related price charting as prices for bitcoin and ether have more than tripled over the last 24 months.

See: Mark Cuban says 'crypto is going through the lull that the internet went through'

Also See: Coinbase CEO says company has 'no risk of bankruptcy'

It's worth noting, however, that 40% of people who own bitcoin are upside down on that investment, according to a recent CNBC report.

-Weston Blasi

	

(END) Dow Jones Newswires

May 18, 2022 11:41 ET (15:41 GMT)

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