Airline, Hotel and Cruise Stocks Generated $1 Billion in Profits for Short-Sellers in July

Airline, Hotel and Cruise Stocks Generated $1 Billion in Profits for Short-Sellers in JulyAugust 13, 2020

Bloomberg

Pictured are Lufthansa aircraft. Hedge funds reaped huge profits in July betting against the airline. Bloomberg

Skift Take: One industry’s pain is another’s pleasure. That’s the stock market.

— Dennis Schaal

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