CEO Describes What It's Like When Investors Bet Against You

April 9, 2015 9:03 AM

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Our Planet Money team has been looking into the world of short selling. Shorting a stock is the opposite of buying a stock. It's a bet that the stock will drop in value. In previous stories, we heard from some well-known short-sellers who were betting against companies. Today, we hear what it's like on the other side. David Kestenbaum talked with the CEO of one of the most shorted companies in America.

DAVID KESTENBAUM, BYLINE: Last month, we did a story listing the top 10 most shorted companies. We reached out to a few on the list to see if their CEOs wanted to talk. We either did not hear back or got a polite no, thank you. But after the story aired, we heard from a listener who worked at one of...

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