Why Are Hedge Funds Shorting Maxeon Solar Technologies, Ltd. (MAXN)?

By Yahoo! Finance | Jun 28, 2024 at 01:42 AM EST

Short selling involves borrowing and selling assets to profit from declining stock prices. Hedge funds use this strategy to bet on falling stock prices. Maxeon Solar Technologies is one such stock being shorted by hedge funds due to market challenges. Despite risks, short selling can benefit market efficiency.

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