3 ms·
Seems like it could be the other way around- legal/social action against a company as a strategy for shorting. Of course, they (the allegedly misled class) des
by creaghpatr 9y ago
Seems like it could be the other way around- legal/social action against a company as a strategy for shorting.
Of course, they (the allegedly misled class) deserved to at least get a trial and a ruling, which at that scale require money and press coverage. But Ackman turned it into spectacle, which probably is what motivated Carl Icahn to btchslap his short.