The 20% plunge in the market value of Alternative Investment Market-quoted electronic invoicing company Tungsten last week is learnt to have resulted in profits worth millions of pounds for several hedge funds that “shorted” the stock.
Asset Management
Bet against Tungsten shares yields large gains for hedge funds
The 20% plunge in the market value of Alternative Investment Market-quoted electronic invoicing company Tungsten last week is learnt to have resulted in profits worth millions of pounds for several hedge funds that “shorted” the stock.
