Day drinking, 'Big Shot' and billions of dollars: How the nickel market imploded - CNN
4/4/2022 12:00:00 AM3 years 1 month ago
by Nicole Goodkind, CNN Business
by Nicole Goodkind, CNN Business
When a trade jumps by 250% over the course of days, investors typically pop bottles of champagne. Between Friday, March 4 and Tuesday March 8, nickel futures did just that — soaring on the London Metal Exchange from about $29,000 to $100,000 per ton. But the …
New York (CNN Business)When a trade jumps by 250% over the course of days, investors typically pop bottles of champagne. Between Friday, March 4 and Tuesday March 8, nickel futures did just that soar… [+12522 chars]
full article...