Short-Sellers Call Out Charm Bracelet, Water Bottle Makers at Conference

(Reuters) Hedge fund managers looking to profit from falling share prices took center stage at a New York conference on Thursday, zeroing in on makers of water bottles, charm bracelets and other consumer companies. Years of strong equity gains have battered so-called short-sellers – investors who sell borrowed stocks and hope to make a profit by buying them back for less later on – but recent market volatility has raised their hopes.

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