Short-Seller Attacks Are Getting Rarer
- Number of campaigns initiated has dropped by third since 2020
- DOJ probe into industry helping fuel decline, Diligent says
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The dark days are getting darker for a breed of Wall Street investor that tries to make money sniffing out the rot in Corporate America and beyond.
While high-profile attacks on the likes of Carl Icahn, Gautam Adani and Jack Dorsey may have raised the specter of an industry revival, activist short sellers are still enduring one of their worst years in more than a decade.