Odey Asset Management Unit Takes Short Position in Deliveroo
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A unit of Odey Asset Management has taken a short position in Deliveroo Plc, according to a person familiar with the matter.
The firm’s recently created Brook Asset Management unit made the bet, the person said, asking not to be identified because the details aren’t public. The size of the position isn’t clear. Deliveroo’s shares are down more than 40% since the food delivery app’s disappointing initial public offering last month.