Much ado about shorting

Spark. (Image: Dean Purcell)

Tue, 15 Oct 2024

Some investors have been betting Spark New Zealand’s share price would decline, and the surprising element isn’t that it actually occurred but that the positions were so small. The wannabe leader of NZ into a digital reality has been suffering a bit of an identity crisis for a few years as it promises a healthy dividend to its legion of investors from the reliable broadband and mobile retail arms while also pouring funds into cash-hungry growth businesses like datacentres and digital identity that gobble up its income streams.&...

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