Reddit stock slipping as short sellers set their sights on company.
Short sellers have set their sights on shares popular on Reddit’s WallStreetBets forum, causing the stock to plummet in recent trading sessions.
Tag: seller
Redfin CEO Highlights Benefits for Sellers in NAR Settlement
Redfin CEO Glenn Kelman recently spoke out about the National Association of Realtors’ (NAR) settlement with the Department of Justice, stating that sellers could stand to benefit from the distribution of funds.
Beyond Meat’s Surge Deals Blow to Short Sellers
Beyond Meat’s stock surged this week, leaving short sellers scrambling to cover their positions. The company’s shares rose by more than 18% on Tuesday, following news of a major distribution deal with a large grocery chain. This jump in price has caught many investors off guard, setting the stage for a potential short squeeze.
Carvana Stock Skyrockets as Online Used-Car Seller Sets Record High
Carvana’s stock surged to new heights today as the online used-car seller reported strong guidance for the coming quarter. The company’s shares rose by more than 10% in after-hours trading, leading to a flurry of bullish activity among investors.
Adtalem Faces Intense Scrutiny as Fahmi Quadir Exposes Potential Wrongdoings
Renowned short seller Fahmi Quadir has set her sights on Adtalem Global Education, one of the largest for-profit college companies in the United States. In her latest report, Quadir highlights concerns surrounding Adtalem’s business model and financial performance.
Tesla Proves Short Sellers Wrong: Incurs Biggest Losses in the Market
*Despite their skepticism, short sellers incurred significant losses against Tesla in 2020.*
