On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
Category: Short Selling
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SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
The New York Times – Business: -
Bleak Research Report Stokes A.I. Debate on Wall St.
The New York Times – Business:In a widely circulated note, Citrini Research painted a dire picture of job losses and stock market sell-offs, though many analysts and economists questioned its conclusions.
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Criminal Charge Against Andrew Left of Citron Research Unsettles Short Sellers
Andrew Left is fighting a range of criminal and civil charges related to his trading practices, and other investors who make money by betting on a decline in stock prices are watching closely.
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Carl Icahn, Activist Investor, Faces Intense Scrutiny From Wall Street
The 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
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Andrew Left, Prominent Short Seller, Accused of Fraud in Multiyear Scheme
Federal authorities filed charges against Andrew Left, founder of Citron Research, who they said made at least $16 million from a multiyear scheme to manipulate market prices.