Snap Selloff Hurts Hedge Funds While Some Short Bets Fail to Score

November 09, 2017   Stephen Taub

Some Snap short sellers failed to score a win from the company’s plunge in share price Wednesday.

Wednesday was disastrous for investors in Snap, the parent of Snapchat that was earlier championed by several prominent members of the Tiger crowd. Shares of the social media company plunged 14.6 percent Wednesday to close at $12.91 after Snap reported …


Subscribers have unlimited access to all online content inc rankings. Start your subscription today - click on the button below.

Subscribe now

Free trial

Taking a free trial will give you access to online content one week (excludes research & rankings). Start your trial today.

Free Trial

Latest Poll

How will hedge funds finish 2017?

 - 73%
 - 10%
 - 16%

View previous results