Xiaomi’s Memory, EV Woes Hand Short Sellers $1.8 Billion Payout
Short sellers betting against Xiaomi Corp. are reaping big gains, as surging memory prices and weakening electric-vehicle sales cloud the company’s earnings outlook.
By Charlotte Yang · Bloomberg Markets
Short sellers betting against Xiaomi Corp. are reaping big gains, as surging memory prices and weakening electric-vehicle sales cloud the company’s earnings outlook.