D1 Capital stung by AMC short bet, undone by Reddit traders - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Hedge fund phenom Dan Sundheim's D1 Capital has been stung by the AMC short bet caught up in Reddit's trading frenzy

, and it came into the year riding a high, producing 60% returns in 2020 amid the pandemic. Sundheim, the former chief investment officer of Viking Global Investors, deftly navigated the chaos last year, reducing short exposure and wagering heavily on several companies that benefited from the outbreak such as Chinese e-commerce company JD.com and car e-retailer Carvana.

"Our absolute number of positions has increased to 141 names. This compares to our average position count of 107 names from the start of the year to June 1st, 2020," the letter reads.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

But the AMCTheatres movie!!!?

... ... DeleteRobinhood RiggedSystem

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »