3 Consumer Staples Stocks Short Sellers Are Targeting: Danger in the Aisles?
Beyond Meat(BYND) InvestorPlace·2024-04-03 23:44
In 2023, consumer staples stocks were down a collective 6.5%, vastly underperforming the broader market. That has made investors bullish about the sector in 2024. As the story typically goes, a sector that underperforms one year often outperforms the next year. However, short interest creates a plot twist that may keep this sector down. At least, that seems to be the case for some consumer staples stocks that short sellers are targeting. Storytellers frequently use foreshadowing to hint at future developme ...