Tesla shares spike, dealing short-sellers a $1.7 billion loss

Tesla shares spike, dealing short-sellers a $1.7 billion loss

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-tesla-results-shorts/tesla-shares-spike-dealing-short-sellers-a-1-7-billion-loss-idUSKBN1KN2QM

Tesla Inc shares soared 16 percent on Thursday, a day after the electric car maker's better-than-expected quarterly report, and financial analytics firm S3 Partners said short-sellers were slammed with $1.7 billion in paper losses on the day.

Tesla shares spike, dealing short-sellers a $1.7 billion loss

Aug 2, 2018, 10:40pm UTC
https://www.reuters.com/article/us-tesla-results-shorts/tesla-shares-spike-dealing-short-sellers-a-1-7-billion-loss-idUSKBN1KN2QM >Tesla Inc shares soared 16 percent on Thursday, a day after the electric car maker's better-than-expected quarterly report, and financial analytics firm S3 Partners said short-sellers were slammed with $1.7 billion in paper losses on the day.