A U.S. jury’s fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers, raising fresh questions about the line between legitimate market activism and stock manipulation.
Category: News
In a surprise move ahead of its investor roadshow, Elon Musk’s SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter.
The U.S. Supreme Court cleared the way on Tuesday for Alabama to use a pro-Republican congressional map that eliminates one of its two districts where Black voters make up a majority or near-majority, giving a boost to President Donald Trump as his party defends its control of Congress in November’s midterm elections.