Hints and tips:
...And Gabe Plotkin’s Melvin Capital, that happened....
...And no doubt Citadel Securities, and not just the CEO of Robinhood, but every app, you know, E-Trade, they’re in constant communication....
...Melvin Capital, which lost 53 per cent in January, is the highest-profile casualty, but many other funds suffered losses, particularly on bets against stocks they expected to suffer during the pandemic....
...(FT) News round-up KKR leads $3.7bn deal for Australia’s Spark Infrastructure (FT) Anti-money laundering fines surge as watchdogs impose tougher penalties (FT) Juul, other e-cigarette makers face judgment...
...One scoop to start: Melvin Capital and Light Street Capital, two US hedge funds hard hit by a rally in stocks popular with retail investors in January, have suffered further losses in May....
...Supreme, the Manchester-based wholesaler of vaping liquids and e-cigarette batteries, said it had raised £67.5m with a “comfortably oversubscribed” share sale at 134p apiece....
...E&Y has been able to obtain licences for its insolvency practitioners in China, and even provide administrators under the law....
...Melvin Hassell, Dallas Texas KS: Judging from the flurry of Chinese comments in recent months, China is most concerned about the Fed’s commitment to fight inflation, and the consequent impact on the dollar...
...While not trading near a 52-week low, it is worth noting that this this is the lowest p/e (11) that the stock is trading at in over a decade....
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