‘We made so much money’: Investor banks $15m from shorting Magellan - Sydney Morning Herald

Tribeca Investment Partners started short-selling Magellan shares in the middle of last year because it said the stock was over-priced and underperforming. However, the leadership crisis has sent the stock price tumbling even further.

A Sydney investment firm has made $15 million from short-selling shares in troubled fund manager Magellan, after its share price and funds under management have been sent into freefall amid ongoing l… [+1864 chars]

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