Short-sellers have raked in more than $1.2 billion on Wirecard this week after the company's dramatic share price plunge
Friday, 26 June 2020 ()
· Hedge funds have made profits of over $1 billion betting against Wirecard in the last week, the Financial Times reported. · Wirecard filed for insolvency on Thursday after tumultuous week which saw its former CEO Markus Braun resign and be arrested. · Shares of the company have fallen 98% in 2020, as the company... |
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