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Stock impact report

New Era of Stock Supremacy Turns Tail-Risk Hedging Upside Down [Yahoo! Finance Canada]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
(Bloomberg) -- Just months after the pandemic broke out, Dennis Davitt was busy pitching his bearish investment fund to panic-stricken clients prepping for the next market crash. Most Read from Bloomberg These days though, the former Credit Suisse derivatives chief is on a different capital-raising mission altogether: Selling amped-up bullish options strategies to institutional investors fearful of missing out on the next stock boom. ADVERTISEMENT “It's primarily client-driven,” said Davitt, who heads up Millbank Dartmoor Portsmouth, a volatility firm in Asheville, North Carolina. “Their worry is — as the market continues to move forward as it has been — all the performance in the investing universe is going to be coming from public equities. My feeling is nobody owns enough of them.” It's the latest sign of the stock mania on Wall Street, where owning too few shares is the new risk for a cohort of bulled-up investors. The S&P 500 has already posted more than 30 records thi Show less Read more
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