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Why Beyond Meat Is Trading Way Above Its $160 Offering Price
Thursday, August 1, 2019 - 12:12pm | 624Beyond Meat Inc (NASDAQ: BYND) shares tanked another 10% on Thursday after the company priced its recently announced 3.25 million-share secondary offering at $160, more than a 30% discount to the stock’s $234 closing price last week. Despite the market disappointment with the pricing, the $...
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Leon Cooperman Argues To Bring The Uptick Rule Back; Trader Thinks The Rule Prevents Accurate Market Pricing
Thursday, December 6, 2018 - 3:49pm | 720The huge sell-off in the U.S. stock market this week has gotten the attention of both investors and market experts. Billionaire Omega Advisors hedge fund manager Leon Cooperman called out the U.S. Securities and Exchange Commission on Thursday for its role in the volatility. What He Said Cooperman...
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Are Short Sellers Really 'Icky And Un-American'?
Sunday, July 2, 2017 - 6:00pm | 715Last week, NYSE president Tom Farley took a personal shot at short sellers when calling for new rules to require them to publicly reveal their positions. Short sellers profit when share prices fall, but they are not currently required to disclose their bearish bets, allowing them to operate mostly...