Tag: Short Sellers
Traders betting against FAANG stocks have made $5.5 billion during the brutal October sell-off
Investors betting against FAANG stocks have made billions of dollars as tech stock valuations have plunged this month.
MoviePass is trading at just 2 cents a share, but investors are still piling into bets it’s headed to zero
MoviePass parent Helios and Matheson Analytics has remained a popular target for short sellers, even as shares of the company trade near 2 cents. It's rare for short sellers to continue piling into bets against a company that's already fallen so far.
Elon Musk says he was thinking like a Vegas casino owner when he tweeted ‘funding secured’
When he tweeted that he had "funding secured" to take Tesla private, CEO Elon Musk thought the odds were likely in his favor.
Tesla short sellers raked in $1 billion after Elon Musk revealed his personal struggles in an eye-opening interview
A revealing and emotional New York Times interview with Tesla CEO Elon Musk, during which he mused about investors who bet against his company, seems to have given those same investors a big payday on Friday. Tesla short sellers raked in about $1 billion as Tesla stock fell nearly 9% Friday.
Elon Musk didn’t used to care about short sellers — here’s why he does now
Tesla CEO Elon Musk actually has a relatively brief history of counter-attacking short sellers. For much of Tesla's 15-year history, Musk has considered Wall Street something of a necessary, but tolerable, evil. That's changed in the past 12 months.
Elon Musk’s latest Twitter antics have Tesla hurtling into uncharted territory — and could have legal ramifications for the CEO
Elon Musk sent Tesla share soaring on Tuesday after tweeting that he had a $420-per-share deal with "funding secured." The tweet vaults Tesla into uncharted territory and raises multiple legal red flags including a potential securities fraud scenario, according to experts.
Tesla’s surging stock has cost short sellers $1.1 billion in a single day
Tesla's stock surged as much as 11% on Thursday following the company's strong quarterly earnings report, costing short sellers more than $1 billion. It marks a temporary victory for CEO Elon Musk, who has been locked in months-long battle with Tesla skeptics.
Snap was ‘oversold’ after its disastrous earnings — now it’s up 16% in 4 days
Snap shares have rallied 17% over the past four trading sessions as speculation mounts that the company could be taken over. Last week, short seller Andrew Left suggested it could get taken out within the next year.
‘The stock market has sucked on nitrous oxide’ — Wall Street’s most feared short seller just called out a new company, taking ...
Short seller Andrew Left, founder of Citron Research, published a report on medical technology company Inogen on Thursday, erasing as much as 9% in minutes. It's the latest example of his ability to move markets with his commentary.
Tesla’s latest executive turmoil provides fuel for a group of skeptics hated by Elon Musk
Tesla's senior vice president of engineering, Doug Field, is taking a leave of absence. That fuels a popular argument used by Tesla short sellers, who have long been hated by CEO Elon Musk.