Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social —…
Short-sellers in Trump
Media & Technology Group are feeling the heat from the
recent rally in the company s stock and the higher cost of
borrowing its shares, analytics firm S3 Partners said. .
(Bloomberg) Traders betting against marijuana stocks are facing massive losses after the shares surged Tuesday as the US Drug Enforcement Administration moved to reclassify the drug, potentially eliminating a major obstacle for the industry. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesFed to Signal Delay of Interest-Rate CutsThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Enti
Trump social media firm's rising shares pressure short-sellers: S3 businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.