Lansdowne Nets Big Profits From Shorting UK's Oil & Gas Sector – ValueWalk Premium
Lansdowne Partners

Lansdowne Nets Big Profits From Shorting UK's Oil & Gas Sector

Lansdowne Partners' latest short bet is against the largest German builder, HOCHTIEF AG (ETR:HOT) (FRA:HOT) and as Lansdowne's charm usually works, shares are down over 8.6 percent since the position was disclosed on June 5. HOCHTIEF AG (ETR:HOT) (FRA:HOT) was recently downgraded by Berenberg Bank AG from Buy to Hold. The builder faces slowing business due to a slowdown in Australian construction and mining.

Take a look at . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0