MARKET REPORT: Reddit vs Wall Street in short-seller showdown

Amid a sea of red on global markets, there were some odd flurries of excitement. In the US, a bizarre battle has kicked off between Wall Street hedge funds and individual day traders using social media site Reddit.  Shares in a little-known company, Gamestop, more than doubled to $319 as Reddit users encouraged each other … Read more

Notorious short-seller ‘Dark Destroyer’ tears into Boohoo

Short-seller nicknamed ‘Dark Destroyer’ tears into Boohoo accusing online fashion giant of misleading investors By Daily Mail City & Finance Reporter Published: 21:50 BST, 27 May 2020 | Updated: 22:35 BST, 27 May 2020 Boohoo has fought back against a short-selling attack by a financier known as the ‘Dark Destroyer’. Its shares plunged 10.9 per … Read more