Shares of mall companies fell this week in sympathy with the announcement by Sears Holding Corp. that it would close as many as 150 stores over the next few months. Bloomberg reported that its index tracking regional mall firms slipped 2.8 percent Thursday, the biggest...
April 06, 2017
It may have been relatively easy pickings, the so-called “mall short.” But on Wall Street, crowded trades can become traps, when sentiment turns and people rush toward the exits. To that end, reports Bloomberg News, analysts at Citigroup have been stating that the “next big short” may lie in picking individual retail stocks and betting […]
