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Benzinga
Benzinga
Business
Chris Katje

Wall Street Vs. Zuckerberg: Meta Shorts Dwarf Microsoft And Palantir Combined

Palantir Microsoft Meta Instagram Nasdaq
zuckerberg_shutterstock_2608210571

Facebook and Instagram parent company Meta Platforms (NASDAQ:META) has quietly become a favorite target for short sellers, despite the company reporting strong second-quarter financial results.

What Happened: More than $11 billion has been bet against Meta by increased short interest in the stock this year.

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