Purpose of the news? Investigations and no end state results that benefits commoners investors.
Hedge Funds Ensnared in Expansive DOJ Probe Into Short Selling
Funds and researchers are scrutinized by Justice Department. Inquiry seeks information on trading in several dozen stocks. The U.S. Justice Department has launched an expansive criminal investigation into short selling by hedge funds and research firms, scrutinizing their symbiotic relationships and hunting for signs that they improperly coordinated trades or broke other laws to profit, according to people familiar with the matter.The probe, run by the department’s fraud section with federal pro
NIO delivered 10,878 vehicles in November, increasing by 105.6% YOY
NIO delivered 10,878 vehicles in November 2021, increasing by 105.6% year-over-year. NIO delivered 80,940 vehicles year-to-date in 2021 in total, increasing by 120.4% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of November 30, 2021 reached 156,581. NIO Inc. today announced its November 2021 delivery results.NIO delivered 10,878 vehicles in November 2021, representing a solid 105.6% year-over-year growth. The deliveries consisted of 2,683 ES8s, the Company’s six- or seven-sea