Friday, November 15, 2019

RH Short Sellers Decimated as Warren Buffett Announces Stake in the Company

Warren Buffett buys a significant stake in furniture retailer RH. The stock is up big in after-hours trading and bulls are rejoicing. About 36% of RH shares are sold short and they are about to get toasted. RH (NYSE:RH), formerly known as Restoration Hardware, is a company that has a history of battling short sellers. […]

The post RH Short Sellers Decimated as Warren Buffett Announces Stake in the Company appeared first on CCN.com



source https://www.ccn.com/rh-short-sellers-decimated-as-warren-buffett-announces-stake-in-the-company/

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