News Formal

These stocks with upcoming earnings are short-squeeze candidates, Goldman says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stocks with high short interest are reaping big rewards for beating expectations for the second quarter, according to Goldman Sachs.

A solid second-quarter earnings season is spooking short-sellers and creating big rallies for some of the most doubted stocks in the market, according to Goldman Sachs. Sesha Phani of Goldman's derivatives research team said in a note to clients last week that stocks with high short interest — that is, stocks where a large portion of their shares have been sold short by hedge funds — are reaping big rewards for beating expectations for the second quarter.

mountain Plug Power has fallen sharply over the past two and a half years. Energy drink company Celsius Holdings is also on the list and reports Aug. 8. The stock has also been a big winner so far this year, rising more than 38%. Celsius has short interest of 25%, according to FactSet. Two other companies reporting on Aug. 8 are volatile bets on different parts of the financial sector. consumer lender Upstart Holdings and crypto miner Marathon Digital .

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The 24 best stocks to buy right now: Goldman SachsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Goldman Sachs' future hinges on a low-profile, high-growth businessGoldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.
Källa: CNBC - 🏆 12. / 72 Läs mer »