The pros losing a fortune as Royal Mail (IDS) share price spikes

Shares of Royal Mail’s parent company, IDS, have gone vertical this week as investors cheered the ongoing reforms in the sector. They have jumped in the past four straight days and are now hovering near their highest point in 2023. In all, the IDS stock price has soared by almost 50% from its lowest point in 2023.Royal Mail’s short interest has jumpedCopy link to sectionThe surge in the stock is, obviously, a good thing for Royal Mail’s investors, including Daniel Kretinsky, its biggest shareholder. He owns ...