Short Stories: The activist short seller

Published: Oct. 22, 2023, 11:01 p.m.

Short selling \u2013 the trade where you hope a stock\u2019s value will fall rather than rise. If it does, the trader can win. Big.

That\u2019s led to the growth of what\u2019s called the activist short seller. A trader who comes out to tell the world why a company\u2019s stock should be lower than it is. They\u2019re betting on its failure.

Carson Block from the firm Muddy Waters is one of the most prominent new short sellers \u2013 vocal on the news and social media, he explains why the companies he shorts are usually the ones with something to hide.

Producer: Ciaran Tracey\nPresenter: Leanna Byrne