Gideon Spanier
Oct 09, 2024

Two hedge funds increase short positions in WPP in bet against share price

The agency group cut revenue forecast in August but won Amazon and retained Unilever in key markets.

WPP: US hedge fund AQR Capital Management has a short worth 0.6% of WPP's stock market capitalisation. Photo: Getty Images.

Please sign in or register

Access limited free articles a month after free, fast registration.

Existing users sign in here

Forgotten Password?

Having trouble signing in?

Contact Customer Support at
[email protected]
or call+91 022 69047500

Related Articles

Just Published

11 hours ago

WPP’s Ketan Desai to head Monks India

A veteran industry leader with over 20 years of agency experience, Desai takes over from Robert Godinho, the outgoing managing director.

12 hours ago

HUL tops TV ad volumes with 16% share in 2024: TAM AdEx

Television ad volumes in India declined by 4% in 2024 over 2023 and increased by 14% over 2020, finds TAM AdEx study.

14 hours ago

Stand guard: Protecting your brand from the hidden ...

The traditional reactive approach to risk management is grossly inadequate for the age of AI-powered marketing, says Mediabrands Australia’s Geoff Clarke.

15 hours ago

Arnab Manna: From punchlines to headlines

CREATIVE SPARKS: Whether it is writing ads or cracking jokes, Ogilvy India’s group creative director has the knack of giving it a creative spin.