Betting against Palantir, Rocket Lab and Strategy was June's smartest move — leveraged short funds soared up to 130%, crushing every single stock in the S&P 500.
Wall Street's best trade this month wasn't owning a hot stock.
It was betting against one — and not just any stocks, but three of the most-watched high-flyers on the market: Palantir Technologies Inc.
(NASDAQ:PLTR), Strategy Inc.
(NASDAQ:MSTR) and Rocket Lab Corp.
(NASDAQ:RKLB).
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Over $73 billion has been wiped off high-flying Palantir’s market cap in recent days.
Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish…
June didn't pan out as a great month of the year for most S&P 500 investors. But some stocks absolutely rocked.
The Wall Street firm looked at the latest filings from the top 100 hedge funds to help investors assess how positioning shifted…
