financetom
Business
financetom
/
Business
/
Hindenburg Research takes short position in Axos Financial
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hindenburg Research takes short position in Axos Financial
Jun 4, 2024 5:38 AM

June 4 (Reuters) - Short seller Hindenburg Research said

on Tuesday it had taken a short position in lender Axos

Financial ( AX ).

Shares of the bank fell 18% in premarket trading.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by

Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Imax, Wanda Film Expand Partnership With Agreement on Technology, Content
Imax, Wanda Film Expand Partnership With Agreement on Technology, Content
Jun 18, 2024
11:16 AM EDT, 06/18/2024 (MT Newswires) -- Imax ( IMAX ) , Imax China and Wanda Film said Tuesday they are expanding their partnership with an agreement on technology and content. Financial details of the agreement weren't disclosed. Wanda Film will upgrade 61 of its locations to Imax ( IMAX ) with Laser technology and renew up to 37 current...
AZEK Enters $50 Million Accelerated Share Repurchase Agreement With Goldman Sachs
AZEK Enters $50 Million Accelerated Share Repurchase Agreement With Goldman Sachs
Jun 18, 2024
11:16 AM EDT, 06/18/2024 (MT Newswires) -- AZEK ( AZEK ) said Tuesday that it has entered into an accelerated share repurchase agreement, or ASR, with Goldman Sachs ( GS ) to repurchase $50 million of its class A common shares. Under the ASR, the company will initially receive about 0.9 million shares from Goldman Sachs ( GS ). The...
Hennessy Capital Investment, Namib Minerals Sign Business Combination Agreement
Hennessy Capital Investment, Namib Minerals Sign Business Combination Agreement
Jun 18, 2024
11:15 AM EDT, 06/18/2024 (MT Newswires) -- Hennessy Capital Investment Corp. VI ( HCVI ) and Namib Minerals said Tuesday they have signed a definitive business combination agreement to create a combined public company with a pro forma enterprise value of $609 million. Under the terms, Namib's current shareholders will convert 100% of their equity into the new combined entity...
Chile lithium projects garner interest from over 50 companies
Chile lithium projects garner interest from over 50 companies
Jun 18, 2024
SANTIAGO, June 18 (Reuters) - More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesday, after the government called for proposals for a range of salt flats containing the battery metal. Chile, the world's largest copper producer, called for proposals in April to develop lithium projects in more than two...
Copyright 2023-2026 - www.financetom.com All Rights Reserved