19/6/2024, 10:40:04 am

Carson Block Raises Money to Bet on Rising Metals and Mining Stocks

Carson Block's Muddy Waters Capital is raising money for a new fund, Muddy Waters Resources Fund, to bet on rising metals and mining stocks. The fund has already gathered $1.5 million this month. This marks a shift for the firm, known for short-selling and activist campaigns. Muddy Waters oversees almost $440 million in regulatory assets and has explored alternative strategies as the stock market.