Funds have been shorting companies that did well at the beginning of the pandemic.
This article appeared in the Financial Times and was picked up by the NZ Herald.
https://app.ft.com/content/0a14e904-5fac-41bd-a9b4-a8a588db15c5
That together with the stirrers in these forums and elsewhere have fuelled a bit of panic selling by the poor Mum & Dad investors that are new to the market.
How do you blame the management for that?
This is a long term hold, not for day traders.
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