Record $5 Billion Earned by Nvidia Short-Sellers in Just Three Days
Wednesday, 26 June 2024, 10:56
Nvidia Short-Sellers' $5 Billion Win
In an unexpected twist, Nvidia short-sellers managed to amass a substantial $5 billion gain during a swift three-day drop in NVDA stock.
Remarkable Profit Achievement
This market feat represents the largest cumulative profit for short-sellers associated with Nvidia since the year 2019.
- Record-Breaking Success: The $5 billion earnings highlight the notable effectiveness of these short-sellers' trading strategies amid the stock's downturn.
- Significant Market Implications: The windfall underscores the lucrative yet risky nature of short-selling as a means of investment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.