This content is from: Premium
Wirecard Shorts Keep the Faith
SoftBank’s $1 billion investment in the controversial company doesn’t seem to change the narrative.
Even a $1 billion investment by Japan’s SoftBank Group hasn’t dimmed short sellers’ zeal for Wirecard, the controversial German payments company.Shares in the company spiked as much as 15.5 percent on the announcement of the SoftBank deal Wednesday before closing the day up 8.5 percent. But by early afternoon Thursday,
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.