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Short sellers pocket $10 billion in profits despite S&P 500 surge
Latest Company News - Finance News Network
English - July 09, 2024 22:13 - 1000 KBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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10 Jul 2024 - During the second quarter of this year, short sellers capitalized on their strategy of betting against stocks, amassing a substantial $10 billion in paper profits despite the broader market's upward trajectory.