Short Sellers Feel the Pain in Stock Market’s 2023 Rally

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Short Sellers Feel the Pain in Stock Market’s 2023 Rally
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The stock market’s comeback in 2023 has been very bad news for short sellers

The market’s comeback in 2023 has been very bad news for one group: short sellers. Short sellers profit from stock declines by borrowing shares of companies that they believe are overvalued, selling them, and then buying them back at a lower price later.

They made huge gains in 2022, when
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