Tag: Legal Services

All of Wall Street’s pandemic weirdness is about to be on display

Wall Street has gotten weird during the COVID-19 pandemic, and all of that weirdness is about to be on full display. Let’s start with meme stocks. Can we interest you in the earnings of AMC Entertainment Holdings Inc. AMC, -2.42% on Monday afternoon? The theater chain’s valuation has exploded from less than $1 billion to […]

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As China stocks have struggled, short sellers have stayed away

The crackdown on Chinese companies in a host of sectors by authorities there represented an obvious opportunity for short sellers to make bets against them. But according to an analysis from S3 Partners, short sellers have largely stayed away, preferring to ride out existing bets against these companies rather than initiate new shorts. Ihor Dusaniwsky, […]

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China cracks down on after-school tutoring sector, sending shares sinking

HONG KONG—China confirmed it would take drastic steps to restrain the country’s booming after-school tutoring industry, prompting further selloffs in stocks such as New Oriental Education & Technology Group Inc.  EDU, -54.22%  on Monday. The restrictions, published over the weekend by state media,are the most recent regulatory assault on a fast-growing part of the Chinese economy. They […]

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