Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Tag: Short Selling
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‘Dumb Money’ Lampoons Wall Street Titans With a Knowing Eye
The film tells the story about the stock market frenzy over the video game retailer GameStop. It was financed and produced by the son of a Wall Street superpower.
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How Short Seller Nathan Anderson Beat Carl Icahn “at His Own Game”
After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.
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New Phase of Banking Crisis Pits Fear Against Fundamentals
Investors are not convinced that regional banks including PacWest and Western Alliance can remain viable. Some are actively betting on their demise.