The GameStop bubble has burst after a crazy 10 days that have triggered billions of dollars of both profits and losses across the market. Here’s what we learned from it.
Viewing short sellers as predators,while a popular opinion,mischaracterises them.
A Quixotic effort to manipulate the share price of an obscure US retail chain has been hailed by some as a victory against capitalism but popular anger against short-selling is misplaced.
Former federal court judge Ray Finkelstein has called on market regulators to make an example of one or two"short and distort"attackers to deter the release of false and misleading research
Virgin Australia's new owner Bain Capital has muscled co-founder Richard Branson out of his 10 per cent shareholding in the airline,with the billionaire entrepreneur agreeing to own only half that going forward.
Corporate raider Carl Icahn's bet on the downfall of brick-and-mortar retailers produced a $1.8 billion gain during the June half as they were hit by the coronavirus pandemic.
The Federal Reserve Board's massive injections of liquidity into US financial markets in March may have prevented the markets from breaking.
Father-of-six Nicolas Bryon didn't get much sleep,but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.
Male traders and portfolio managers at a New York hedge fund openly ranked women on a 1-10 scale,classifying them according to what men would like to do to with them,a former junior associate claims in a lawsuit.
Morally compromised characters divide and conquer – even on the home front,as fans of Billions know only too well.
Regal Funds Management was hit with a sharp 59 per cent slide in its high-performance hedge fund during March,leaving some investors fuming.