$10 billion windfall for tech short sellers
Edited By WION Video Desk
Published: Apr 23, 2024, 05:40 IST | Updated: Apr 23, 2024, 05:40 IST
Amid the UBS downgrade, tech stocks took a beating this past week, leading to their worst performance in over a year. Short sellers, who bet against the market, raked in huge profits as tech giants like Nvidia and Tesla suffered significant losses.
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