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Nvidia Stock Surge Causes $3 Billion Loss for Short Sellers

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Feb. 23, 2024, 11:20 a.m. | Carmen Reinicke, Sagarika Jaisinghani

Bloomberg Technology bloomberg.com

The surge in Nvidia Corp. shares on Thursday has left short sellers with about $3 billion in paper losses, according to an analysis by S3 Partners LLC, which called it an “AI generated nightmare” for bearish traders.

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