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Tesla share spike deals short-sellers a $1.1-billion loss

Tesla share spike deals short-sellers a $1.1-billion loss

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-tesla-results-stocks/tesla-share-spike-deals-short-sellers-a-1-1-billion-loss-idUSKBN1KN1TX

Short-sellers racked up about $1.1 billion in losses on paper on Thursday, pushing their year-to-day performance into the red, after Tesla Inc 's shares soared as much as 11 percent a day after the electric carmaker reported results, according to financial analytics firm S3 Partners.

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