1064 days ago
One of the greatest comebacks in the stock market history: Crocs is back to an all-time high after 14 years and a 99% drawdown...
Source: Charlie Bilello, @ycharts
1064 days ago
Source: Charlie Bilello, @ycharts
1064 days ago
After the Sculptor Capital was plagued with scandals in their Africa business unit, funds propelled out of the business. Since 2014, there have been net outflows totalling $30 billion. The fund and its associated portfolios attracted a net $78 million of fresh cash, bringing total assets in those products to $10.9 billion.
1064 days ago
After surging roughly 150% in 2020 thanks to a string of prescient bets on Tesla Inc. and stay-at-home tech darlings, the negative stats are starting to add up. ARKK is down more than 10% for the year and investors are piling into protection against more losses. Put volume hit 190,000 Tuesday, the most in six weeks and the fourth-most on record.
1064 days ago
Volkswagen AG raised its earnings outlook after a solid start in 2021, but they are also warning that the chip shortage might do even more damage in the second quarter than the first. They raised their operating return on sales forecast to 5.5%-7% this year from 5%-6.5%.
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