Monday, August 27th 2018
AMD Short-Sellers Pwned, Lose $177.5 Million in a Day, $2.67 Billion Over the Year
Not long ago, droves of cybersecurity research-backed short-sellers wrote obituaries of AMD after buying themselves shorting positions against the AMD stock on the backs of "Spectre-rivaling" security vulnerabilities comically named "Ryzenfall," et al. With AMD stock closing at 12-year highs of above $25.26 on Monday, those short-sellers (who now have to cough up interest on their shorting positions), bled $177.5 million in a single day. On Monday's peak stock price, short-sellers were a staggering $370 million down in the gutters. AMD's gains throughout 2018 impoverished short-sellers by over $2.67 billion.
Source:
MarketWatch
26 Comments on AMD Short-Sellers Pwned, Lose $177.5 Million in a Day, $2.67 Billion Over the Year
AMD CPU Market Share Q3 2017 = 22.3%
AMD CPU Market Share Q3 2018 = 20.5%
We saw a bump from Q1 2018 20.2 % to Q2's 20.7% ..... Kinda expected 3rd quarter to be up again, but of downward trend continues in Q4 ... with nVidia and Intel having new products on immediate horizon, not to mention the new US tariffs on electronics, I'd be conservative going forward.