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Benzinga

Business

Kaustubh Bagalkote

'Pharma Bro' Martin Shkreli Shorts Newegg After 1,338% Rally, Calls It 'Close to Worthless'

Martin Shkreli Newegg NEGG e-commerce

Newegg

Former hedge fund manager Martin Shkreli announced on Thursday that he has shorted Newegg Commerce Inc. (NASDAQ:NEGG) following the e-commerce retailer’s massive 1,338% surge this year, dismissing the company as fundamentally overvalued.

Shkreli Takes Short Position

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Isaias becomes the first hurricane of the Atlantic season as it surges towards US Gulf Coast

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FDA says its review of abortion pill will continue into next year

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FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

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Donald Trump’s Texas rally rocked by repeated protests

Donald Trump’s Texas rally rocked by repeated protests

Trump briefly stepped away from the microphone after one protester appeared to approach the stage

The Guardian - US

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

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Top stories on inkl right now

Isaias becomes the first hurricane of the Atlantic season as it surges towards US Gulf Coast

Isaias becomes the first hurricane of the Atlantic season as it surges towards US Gulf Coast

Isaias has strengthened into the first hurricane of the Atlantic season

The Independent UK

Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

Daniela Fuentes is a transgender woman from Cuba who's been deported to the Central African Republic as part of a U.S. immigration policy

The Independent UK

FDA says its review of abortion pill will continue into next year

FDA says its review of abortion pill will continue into next year

The Food and Drug Administration says its ongoing safety review of the nation’s main abortion pill will continue into next year

The Independent UK

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

Authorities say they arrested an 18-year-old who was planning a shooting attack at the Mall of America

The Guardian - US

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

Already a member? Sign in here

Donald Trump’s Texas rally rocked by repeated protests

Donald Trump’s Texas rally rocked by repeated protests

Trump briefly stepped away from the microphone after one protester appeared to approach the stage

The Guardian - US

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

In response to concerns over a second suspected plague case linked to a worker's death, Russia has denied these allegations. The World Health Organization is looking for more details on the illness that led to the worker's pneumonia. Kremlin spokesperson Dmitry Peskov denounced many media reports as false. Health officials…

The Times of India

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