Kioxia Shares Face Headwinds From Margin-Buying Gone Wrong

Kioxia Holdings Corp. shares face further downward pressure because of a buildup of positions from investors who borrowed to buy the stock on the assumption it would rise, and now...

By Kentaro Tsutsumi · Bloomberg Markets

Kioxia Holdings Corp. shares face further downward pressure because of a buildup of positions from investors who borrowed to buy the stock on the assumption it would rise, and now may need to sell at a loss.