The GameStop Squeeze and the Demise of the Short Seller
Podcast |
The Big Take
Media Type |
audio
Podknife tags |
Business
News & Politics
Categories Via RSS |
News
Publication Date |
Jun 03, 2024
Episode Duration |
00:15:54

People go to Miami for a lot of reasons including winter sun, Cuban food, retirement. But Bloomberg’s Denitsa Tsekova recently traveled to South Florida for something a little different: Hedge Fund Week. There, she discovered something truly shocking: some of the biggest, boldest short-sellers are abandoning their strategy.On today’s Big Take podcast, host David Gura speaks to Denitsa about why the rise of meme stocks, a bull market, and increasing regulatory scrutiny are leading some leading investors like Jim Chanos to abandon the strategy that made them famous. And she explains why the demise of these often-reviled investors isn’t necessarily a good thing.Read more: Short Sellers in Danger of Extinction After Crushing Stock Gains

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