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Short sellers ended 2023 with $195B in losses

Despite gains from regional banks and vaccine makers, Tesla and Nvidia were behind some of the largest losses.

Regional banks and vaccine makers were among the few bright spots for short sellers in 2023, as the stock market’s big rally last year delivered the group’s steepest cumulative loss since the depths of the pandemic.

First Republic Bank’s collapse made it the year’s most profitable short w

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