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Mutual funds lose, short-sellers win on Snap trades

Traders look up at a screen that displays trading information for Snap Inc. on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2017. REUTERS/Brendan McDermid The dramatic fall in Snap Inc (SNAP.N) shares on Thursday following the com... More »

Fancy fast food shares surge in US as Shake Shack draws shorts

SAN FRANCISCO (Reuters) – Investors seem willing to pay just about anything for a better burger. Half a dozen food chains have held piping-hot stock market debuts in the past year to meet a growing appetite for “fast-casual” restaurants catering to younger and... More »