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%

المملكة العربية السعودية أخبار أخبار

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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

But the AMCTheatres movie!!!?

... ... DeleteRobinhood RiggedSystem

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 729. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

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

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
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

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
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »