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Nvidia stock surge causes $3 billion loss for short sellers

The mark-to-market losses are another blow for contrarians who argued that Nvidias sky-high valuations and speculative fever had all the makings of a market bubble about to pop. The chipmaker is the third-largest US short with $18.3 billion of shares that have been borrowed and sold, according to S3.

Nvidia stock surge causes $3 billion loss for short sellers, Telecom News, ET Telecom

The mark-to-market losses are another blow for contrarians who argued that Nvidia’s sky-high valuations and speculative fever had all the makings of a market bubble about to pop. The chipmaker is the third-largest US short with $18.3 billion of shares that have been borrowed and sold, according to S3.

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