Wall Street Short Sellers: Hated For Centuries
In recent weeks, short sellers were painted as the enemy, when hedge funds bet against stocks like GameStop. It set off a tug of war between small investors and Wall Street shorts. The hate isn't new.
Wall Street "short sellers" are often cast as villains. They make money when most others are losing it — that is, when stock prices fall.
In recent weeks they were painted as the enemy again, when hedge funds made bets that prices would fall for several so-called "meme stocks" like GameStop and AMC. These bets drew the attention and ire of small investors, setting off a tug of war between the two sides.
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