In the stock market in general, investors look to buy low and sell high, and some look to buy and sell higher. Others look to profit from the decline of equities, in what is known as “short selling,” where shares are borrowed (not owned) and...
The Wall Street short selling parade is setting sights on the retail industry. As noted by The Wall Street Journal on Monday (Feb. 22), the sector itself has been beset with overloaded holiday inventory, worries over global demand and, of course, the stock market that...
April 08, 2019
Lyft is threatening to sue Morgan Stanley over allegations it supported short selling for investors subject to lock-up agreements. According to CNBC, the ridesharing company, which just went public last month, sent a letter to Morgan Stanley on April 2 asking the firm about its alleged role in selling a short product to pre-IPO investors. […]
February 23, 2016
The Wall Street short selling parade is setting sights on the retail industry. As noted by The Wall Street Journal on Monday (Feb. 22), the sector itself has been beset...