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GameStop short-sellers reload bearish bets after US$6B loss Katherine Greifeld and Bailey Lipschultz, Bloomberg News 'It's a bit scary': UBS strategist on speculative rally in GameStop VIDEO SIGN OUT Despite a punishing two weeks and relentless chat-room taunting, GameStop Corp. haters are showing no signs of surrender. GameStop stock equal to 139 per cent of its available shares has been borrowed and sold short, a bearish position showing mark-to-market losses of over US$6 billion year-to-date, according to data from financial analytics firm S3 Partners. That figure is little chang...

Saturday, 19 December, 2020 - 09:30 A logo of Tesla Motors on an electric car model is seen outside a showroom in New York June 28, 2010. (Reuters) Asharq Al-Awsat Shares of Tesla Inc rose to a record high on Friday in a frantic day of trading as investors geared up for the electric carmaker’s much anticipated entrance into the benchmark S&P 500 index. The company headed by billionaire Elon Musk on Monday will become the most valuable ever admitted to Wall Street’s main benchmark, accounting for over 1% of the index. The sha...