Description: Traders are paying “extortionate fees” of 15% to 20% to borrow shares of Snap in order to short them, according to figures reported by Simon Colvin, a research analyst at IHS Markit.
Source: BusinessInsider.com
Date: Mar 10, 2017
Questions for Discussions:
- How are investors treating Snapchat?
- Do you agree with the valuations made on the short?
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