Culper Research Says 'We Remain Short' On Rumble
Portfolio Pulse from Benzinga Newsdesk
Culper Research has announced that it continues to maintain a short position on Rumble, as per their recent tweet.
August 14, 2023 | 9:19 pm
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Culper Research's announcement of maintaining a short position on Rumble could potentially drive the stock price down in the short term.
Short selling is a strategy where investors sell stocks they do not own, expecting the price to fall so they can buy it back at a lower price. Culper Research's announcement of maintaining a short position on Rumble indicates their expectation that the stock price will fall. This could influence other investors and potentially drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100