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NYCB Short Sellers Face Million Losses After Earnings Rally

A Branch of New York Community Bank in Yonkers, New York

Short sellers of NYCB are facing significant losses amounting to $42 million following a surge in the stock price after the company's earnings report, according to data from Ortex.

The stock price of NYCB experienced a post-earnings rally, catching short sellers off guard and resulting in substantial losses for those betting against the company's performance.

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Top stories on inkl right now

What to know about France's high school student protests

What to know about France's high school student protests

France faces nationwide student protests that are destabilizing the government and influencing the presidential election campaign

The Independent UK

Trump targets Ilhan Omar at rally following raid on her home – US politics live

Trump targets Ilhan Omar at rally following raid on her home – US politics live

President says Somalia, birthplace of the Minnesota Democratic congresswoman, is ‘one of the worst countries on the planet’

The Guardian - UK

Selma Blair’s Lawyer Gives Explanation After She Was Arrested For Mid-Flight Meltdown

Selma Blair’s Lawyer Gives Explanation After She Was Arrested For Mid-Flight Meltdown

After her violent outburst aboard a Delta flight, actress Selma Blair’s celebrity status did not spare her from landing in serious legal trouble.

Top execs say the $124 trillion Great Wealth Transfer, women entrepreneurs, and veterans are poised to remake the financial landscape

Top execs say the $124 trillion Great Wealth Transfer, women entrepreneurs, and veterans are poised to remake the financial landscape

Women are stepping into new wealth, and they want other women to oversee how their fortunes are deployed. Nonprofit Girls Who Invest received 4,000 applications this year.

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One of the ‘Cornell 7’ wants a gag order to limit what can be said publicly about alleged gang-rape

One of the ‘Cornell 7’ wants a gag order to limit what can be said publicly about alleged gang-rape

An attorney for one of the accused Chi Phi fraternity brothers said that Jane Doe’s attorney ‘has been trying his case in the media since filing the lawsuit’

The Independent UK

Ex-Chicago detective identified as killing child in 65-year cold case

Ex-Chicago detective identified as killing child in 65-year cold case

Police used recently discovered DNA to pin murder of eight-year-old girl on Thomas McInerney, who died in 2006

The Guardian - US

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Top stories on inkl right now

What to know about France's high school student protests

What to know about France's high school student protests

France faces nationwide student protests that are destabilizing the government and influencing the presidential election campaign

The Independent UK

Trump targets Ilhan Omar at rally following raid on her home – US politics live

Trump targets Ilhan Omar at rally following raid on her home – US politics live

President says Somalia, birthplace of the Minnesota Democratic congresswoman, is ‘one of the worst countries on the planet’

The Guardian - UK

Selma Blair’s Lawyer Gives Explanation After She Was Arrested For Mid-Flight Meltdown

Selma Blair’s Lawyer Gives Explanation After She Was Arrested For Mid-Flight Meltdown

After her violent outburst aboard a Delta flight, actress Selma Blair’s celebrity status did not spare her from landing in serious legal trouble.

Top execs say the $124 trillion Great Wealth Transfer, women entrepreneurs, and veterans are poised to remake the financial landscape

Top execs say the $124 trillion Great Wealth Transfer, women entrepreneurs, and veterans are poised to remake the financial landscape

Women are stepping into new wealth, and they want other women to oversee how their fortunes are deployed. Nonprofit Girls Who Invest received 4,000 applications this year.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

One of the ‘Cornell 7’ wants a gag order to limit what can be said publicly about alleged gang-rape

One of the ‘Cornell 7’ wants a gag order to limit what can be said publicly about alleged gang-rape

An attorney for one of the accused Chi Phi fraternity brothers said that Jane Doe’s attorney ‘has been trying his case in the media since filing the lawsuit’

The Independent UK

Ex-Chicago detective identified as killing child in 65-year cold case

Ex-Chicago detective identified as killing child in 65-year cold case

Police used recently discovered DNA to pin murder of eight-year-old girl on Thomas McInerney, who died in 2006

The Guardian - US

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International Business Times UK

WWE Raw: The Bloodline's Family Reunion Takes a Dangerous Turn as Solo Sikoa Joins The Usos Against 946

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International Business Times UK

Tyson review – deeply icky … and that’s before Trump shows up

This peculiar – some would say truly irresponsible – hagiography of boxing superstar Mike Tyson veers from psychedelics and sobbing to the inadvisable face tattoo via a cameo from the US president

The Guardian - UK

William Shatner 'auctioned off kidney stone' for affordable housing charity

William Shatner has recalled a time he sold his kidney stone to a gambling company to help raise money for charity.

Oregon woman claims Acme is tinting salmon packaging to trick customers. She peels the plastic off the fish and shows exactly what is underneath

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