Jericho Capital’s Touted Telecom Short Plunges in Price

The unexpected resignation of Frontier Communications’ CFO has spooked the stock but boosted short sellers.

Stephen Taub June 22, 2018

Josh Resnick, founder and managing partner of Jericho Capital Asset Management.

(Kholood Eid/Bloomberg)

A short touted by Jericho Capital Asset Management’s Josh Resnick at the 2017 May Sohn Investment Conference plummeted in price on Thursday.Shares of Frontier Communications Corp. plunged 8.34 percent to close at $6.70, only slightly above its 52-week low of $6.08 after its

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