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The result will be a short squezze by Lyft

Nicole Bullock in New YorK
Financial Times
May 15, 2019

According to the first indications available, on Tuesday there were just 8.4m Uber shares out on loan to short-sellers, representing 5 per cent of the float, according to IHS Markit. For Lyft they were 99 per cent, reflecting the high demand from short-sellers making their bearish bets on the company’s prospects.

https://finance.yahoo.com/m/5f791bab-2e6b-3bc4-a44c-fe79d5dd…
 
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Autor (Datum des Eintrages): FlankerStan  (16.05.19 15:57:27)
Beitrag: 2,862 von 10,816 (ID:60584445)
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