short selling

By the end of 2021, the stock market showed similarities to the dot-com bubble burst. Still, the extent of the latest down-movement was anything else but expected by market participants. The SPDR S&P 500 ETF Trust (SPY: NYSE) fell from its all-time highs of $479.98 (January 4, 2022) to $...

Spruce Point Capital Management, LLC issued a report entitled "Moderating The Bull Case Content," justifying TaskUs, Inc (NASDAQ: TASK) facing up to 25% - 50% long-term downside risk, or $17.80 – $26.70 per share. The report uncovered evidence of CEO and co-...

A leading trading platform on Tuesday announced a SPAC deal to go public. The SPAC Deal: TradeZero announced a merger with Dune Acquisition Corporation (NASDAQ: DUNE) in a deal valuing the company at a post-transaction enterprise value of $556 million. The company will trade as TradeZero...

One of the most polarizing figures in the SPAC investing world has been Chamath Palihapitiya. The noted investor and Social Capital CEO has brought 10 SPACs to market and closed four deals along with investing in the PIPEs for others. Chamath on SPACs: After seeing significant interest and...

What Happened: Short-selling asset management firm Spruce Point Capital Management has accused Oatly Group (NASDAQ: OTLY) of falsifying its revenue and margins alongside greenwashing investors. An Oatly spokesperson said of the Spruce Point Report that “Oatly rejects all these false...

The Justice Department is probing financially troubled Lordstown Motors Corp., according to several media reports Friday. It is the latest blow to the company that plans to begin building battery-powered commercial pickup trucks this fall at a former General Motors plant in the northeast Ohio town...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Despite daily trading volumes in the hundreds of billions, cryptocurrency traders have often been forced to settle with non-satisfactory...

Dogecoin has seen a parabolic rise throughout the past week, going all the way from $0.0617 to hitting an all-time high of $0.2917 late Thursday —  a rise of about 373%. This absurd rise has many investors asking, “How can I short this meme coin?” Investors are able to buy a...

The world’s richest man has been against short sellers for some time and continued to share his thoughts on Thursday. What Happened: Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has been sharing thoughts on the recent market volatility led by GameStop (NASDAQ: GME). Earlier this week,...

Shares of GameStop Corp. (NYSE: GME) soared this week in reaction to a new board of director addition, but the surge could also be due in part to a new phenomenon known as "short busting," according to Jim Cramer. What Happened: GameStop announced that online pet food company...

Shares of Sorrento Therapeutics Inc (NASDAQ: SRNE) traded 13.5% lower in after-hours trading on Tuesday as a reaction to the company firing its Chief Financial Officer Jiong Shao. What Happened: Sorrento Therapeutics, a biotech drug manufacturer in a filing with the Securities and...

Coming up short. Getting the short end of the stick. Short-sighted. Those trite expressions might describe how people who piled into short positions in Tesla Inc (NASDAQ: TSLA) stock feel now as shares skyrocket in a rally that’s nothing short of hyperbolic. Before shares began their...

It was legendary investor Jim Chanos who once said in a Bloomberg interview, “short sellers are the market’s real-time financial detectives." And for all headaches short sellers (particularly activist shorts) may cause for company executives and board members, their role in...

The following was originally published on OTC Markets By Cromwell Coulson Quality data is essential to well-functioning markets. Improving the availability, relevance and usefulness of data aligns with OTC Market Group’s mission to create better informed, more efficient financial markets. In...

MiMedx Group Inc (NASDAQ: MDXG) shares closed down 6.6 percent Friday after Aurelius Value revived an old offensive and accused the firm of “serious and pervasive fraud” in an open letter to auditors. Management responded to claims with counter-allegations of price manipulation. “...