House of Cards / Netflix Maybe it’s time for Netflix short sellers to take a hint. With the company’s shares surging as much as 12%, to a record high, after a blockbuster earnings report that smashed subscriber growth forecasts, those betting against the company are having a rough day. They’re out more than $ 400 […]
Tag: sellers
Netflix’s surging stock is destroying short sellers (NFLX)
House of Cards / Netflix Maybe it’s time for Netflix short sellers to take a hint. With the company’s shares surging as much as 12%, to a record high, after a blockbuster earnings report that smashed subscriber growth forecasts, those betting against the company are having a rough day. They’re out more than $ 400 […]
Treasurys are getting smashed as sellers pile on after Trump’s speech (TBT, TLT)
Reuters/Buddhika Weerasinghe The US Treasury complex has come under significant pressure following President Trump’s speech to Congress, which renewed hope of a massive $ 1 trillion infrastructure spending plan. Selling has pushed yields up more than 7 basis points in the intermediate part of the curve with the 10-year back up at a two-week high. […]