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European consumer staples giants like L'Oréal, Nestlé, and Danone caused pain for short-sellers as they lost a total of $1.05bn

Hedge Funds

Hedge Funds Correspondent

European short-sellers have been hit hard as bets against L'Oréal, Nestlé, and Danone resulted in billions in losses this year.

In the four months to 28 April, European short-sellers racked up around $11.2bn in losses, according to financial analytics provider ORTEX.

European short-sellers take $11bn hit on wrong-way bets

European short-sellers lose $11bn on wrong-way bets as consumer staples, IT stocks make a comeback

Bilal Jafar

Danone

Nestlé

L'Oréal

Pernod Ricard

Nestlé SA

Europe

Ireland

Consumer Trends

Economic Data

Economy

Finance

Inflation

Stock Market

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