A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images Short bets against funds that track major US indexes have declined to record lows, JPMorgan said. There are three main reasons short sellers are withdrawing from the market. Low levels of short-selling could spark volatility in the market […]
Palantir CEO Alex Karp.Fabrice Coffrini/AFP Palantir CEO Alex Karp went on a bizarre rant against short sellers on Wednesday. The traders “just love pulling down great American companies so they can pay for their coke,” he told CNBC. The software company’s shares are up 46% this year. The CEO of Palantir slammed short sellers — […]
By Manya Saini and Niket Nishant (Reuters) – Short sellers targeting a key regional U.S. bank exchange-traded fund have made $977 million on paper so far in 2024, data from analytics firm Ortex showed, as troubles at New York Community Bancorp rippled across the industry. The fallout from NYCB’s exposure to the troubled commercial real […]