Tag: Renewable Energy Stocks
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Hedge Funds Reap $1.2 Billion by Shorting Renewable Energy Stocks After Trump Win
In a notable pivot, hedge funds have recently reaped profits exceeding $1.2 billion by shorting renewable energy stocks following Donald Trump’s election victory. By betting against the shares of around 20 companies in the renewable energy sector, these funds capitalized on anticipated policy shifts away from the green initiatives that flourished under the previous administration.…