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Reuters reports that large asset managers and market-makers have benefited from the surge in GameStop and other heavily shorted stocks driven by Reddit traders. Short sellers were hurt, while some retail buyers who entered late could face losses.
The story covers how equity market participants profit from a trading episode and does not affect feed commodity supply, demand or prices.
publisher.tbsnews.netReutersJan 29, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
