You are here

US market sell-off brings short sellers US$344b profit

[NEW YORK] Investors betting on declines in US stocks saw big profits in the last month as equities crashed while the global spread of the novel coronavirus darkened economic prospects and net increases in short selling implying no turnaround in bearish sentiment.

Short sellers borrow...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to