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Shortsellers have now lost more than $2.2 billion as the company’s shares have risen.
Individual investors are apparently fueling the increase. It’s a similar strategy to what we’ve seen with GameStop stock.
Last March, shares were $4 apiece. Now they’re more than $347. Social media has something to do with it.
In this documentary, director Jed Rothstein follows several acitivist investors who blew the whistle on dozens of fraudulent Chinese companies.
Stocks have posted steady gains, which means traders betting against them aren’t happy.
Stocks for trendy companies slowed down significantly in March
Short selling has a bad rap. But it's been around as long as the markets have.
The practice of short selling has been blamed for the collapse of several major companies' shares during the financial crisis. What is short…