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BT shares surge despite slump in profit after tax

BT shares have surged despite the large writedown announced by the company today as investors look past near-term costs.

United kingdomMatt britzmanAllison kirkbyMatt dorsetHargreaves lansdownBt groupQuilter cheviot

I always love to squeeze the shorts : Hedge funds burned as BT shares surge

A combined short position of 2.79 per cent of BT's shares marks the biggest publicly disclosed bet against the company since records began.

United kingdomUnited kingdom generalWest berkshireJess jonesAllison kirkbyMatt dorsetFinancial conduct authorityKintbury capitalCanada pension plan investment boardBlackrock investment managementBreakout pointRuss mouldQuilter cheviot

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