Greenlight Capital has been betting more money against ARM Holdings, which is one of the strongest players among smartphone chipmakers. David Einhorn’s hedge fund has been betting on ARM Holding’s fall for some time now, but only recently increased its short position from 0.7% of ARM’s outstanding shares to nearly 1%. ARM Holdings down 15% Greenlight first disclosed its position against ARM holdings in the middle of last year. The only other bet against ARM disclosed to the UK’s FCA is that of QVT Financial. Shares of ARM Holdings have fallen 15% in 2014. In the technology sector, Greenlight has…
Greenlight Capital Bets Against Leading Chipmaker, ARM Holdings
HFA Staff
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