A group of angry Redditors have caused billions of dollars of damage to hedge funds shorting GameStop stocks. In 2008, Porsche gobbled up so much Volkswagen's stock it caused VW's stock prices to soar ...
About 10 months ago I wrote about a massive squeeze on VW stock, associated with the revelation that Porsche had accumulated an immense options position on the larger company’s stock. For a brief time ...
LONDON (Reuters) - Several hedge funds with assets frozen at Lehman Brothers may have been hit by wrong-way bets on Volkswagen, industry executives said, possibly hurting funds on trades they cannot ...