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Posted On: 07/01/2022 9:48:01 AM
Post# of 153370
Hedge funds are buying up stock in "beaten down" biotech companies.
Given that hedge funds are heavily involved in shorting biotechs (Hiya, Mr. Tweetstorm creep), does this come as any surprise? Have at it, hedge-funds-deliberately-target-certain-biotechs conspiracy fans, of which I am one.
This is from the Financial Times, behind a paywall, so I didn't read the actual article -- but the headline seems to be the lede:
Hedge funds scoop up biotech stocks after ‘catastrophic’ declines
https://www.ft.com/content/bfd7d96f-2af9-4614...949365de9a
Given that hedge funds are heavily involved in shorting biotechs (Hiya, Mr. Tweetstorm creep), does this come as any surprise? Have at it, hedge-funds-deliberately-target-certain-biotechs conspiracy fans, of which I am one.
This is from the Financial Times, behind a paywall, so I didn't read the actual article -- but the headline seems to be the lede:
Hedge funds scoop up biotech stocks after ‘catastrophic’ declines
https://www.ft.com/content/bfd7d96f-2af9-4614...949365de9a
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