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Shares of Nikola sank 7 percent on Tuesday after the short-selling research house that alleged the electric truck maker misled investors over its technology said the company had failed to address most of its queries. Nikola has rejected the accusations and threatened to take legal action against short-seller Hindenburg since its research into the company sparked …
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Dave Portnoy says he buys stocks based on his mantra that they “only go up” — but a muckraking short-seller thinks one of his bets is in for a stomach-churning plunge. The famously flippant Barstool Sports founder — who has become a face for the recent day-trading boom since the coronavirus shut down this year’s sports seasons …
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Carl Icahn is betting big against shopping malls — to the tune of $5 billion, The Post has learned. Since last summer, the 84-year-old investor has been throwing money at a complex trade that stands to make him billions if big shopping centers start defaulting on their debt. The trade is considered risky, and even …
Shares of Nikola sank 7 percent on Tuesday after the short-selling research house that alleged the electric truck maker misled investors over its technology said the company had failed to address most of its queries. Nikola has rejected the accusations and threatened to take legal action against short-seller Hindenburg since its research into the company sparked …
