GameStop: City watchdog fires warning as trading frenzy spreads
GameStop: City watchdog fires warning as trading frenzy spreads
The hedge fund borrows shares in a company from other investors (for a fee) and sells the shares on the markets at, for example, $10 each, waits until they fall to $5, and buys them back. The borrowed shares are returned to the original owner, and the hedge fund pockets a profit.
The post GameStop: City watchdog fires warning as trading frenzy spreads appeared first on USNewsRank.
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.