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: short
Bitcoin Bulls Brace for Explosive Price Rally Amid Short Squeeze Speculation
Traders in the cryptocurrency market are preparing for a potential short squeeze in Bitcoin, as speculative interest in the digital asset continues to surge. Market analysts suggest that a mass liquidation of short positions could drive the price of Bitcoin to new heights.
Elon Musk’s Charity Faces Allegations of Violating Tax Regulations
An investigation has revealed that Elon Musk’s charitable foundation, the Musk Foundation, has been found to have broken tax laws due to donation discrepancies.
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.
Ben ‘Bitboy Crypto’ Armstrong Forced to Abandon Daily Show Amidst Legal Troubles and Financial Constraints
*Crypto influencer Ben Armstrong, famously known as ‘Bitboy Crypto,’ has made the tough decision to discontinue his much-loved daily show due to mounting legal pressure and financial constraints.*
Chinese Concerns Overshadow Amer Sports’ IPO, Hitting Investor Sentiment
Helsinki-based sporting goods company, Amer Sports, fell short of expectations as its initial public offering (IPO) failed to meet the mark. Concerns over the impact of the ongoing trade tensions between the United States and China have been cited as one of the major factors behind the disappointing outcome.
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.
Chinese Regulators Take Strong Action to Curb Short Selling amid Deepening Market Downturn
In a bid to stabilize the turbulent stock market, Chinese regulators have implemented a series of measures aimed at curbing short selling activities. As the market downturn shows no signs of abating, these strict measures are intended to restore confidence and minimize volatility. With short selling being blamed for exacerbating the recent turmoil, authorities are leaving no stones unturned.
China’s Largest Broker Implements Restrictions on Short Sales Amid Stock Market Turmoil
After a recent stock market rout, China’s largest brokerage firm, China Securities, has implemented measures to curb short sales. This move comes in response to the market turmoil, which has seen sharp declines in the value of Chinese stocks.
Digital subscriber numbers disappoint as Kevin Merida exits as LA Times Executive Editor
Los Angeles, California – The highly respected news outlet, the Los Angeles Times, has announced that its Executive Editor, Kevin Merida, will be stepping down from his position after a relatively short tenure. Merida’s departure comes amidst concerns over a significant shortfall in digital subscribers, bringing about a need for a change in leadership and strategic direction.
