Shorts Are Cashing in on Facebook’s Stock Slump

March 28, 2018   Stephen Taub

The most widely-held long among hedge funds attracted growing short interest ahead of the Cambridge Analytica scandal.

Facebook’s stock continues to be under assault. Shares of the social media giant fell another 4.9 percent on Tuesday and are now down nearly 18 percent since March 19, when the Cambridge Analytica scandal broke. On Tuesday reports surfaced that …

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