The Gilmo Report

March 31, 2021

March 31, 2021 7:03 pm ET

A new trading week brought more twists and more turns, as revelations that the heavy liquidation of certain stocks, including media names like ViacomCBS (VIAC) and Discovery (DISCA), along with the likes of Tencent Music Holdings (TME) and Farfetch Ltd. (FTCH), were the result of the forced de-leveraging of a hedge fund, Archegos Capital. In the process, names like these, some flying high a week or so ago, suffered brutal sell-offs.


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