Investors betting against made $153 million after the company’s CEO was accused of sexual misconduct (JD)

REUTERS/Aly Song plunged after its CEO was detained in the US over a sexual-misconduct allegation. Short sellers made $ 153 million in profits from the stock decline, which saw shares fall 14% last week. Watch trade in real-time here. short sellers — or investors betting on the company’s stock to fall — made millions […]