Carmignac Gestion has taken the first major short position against Alphawave, after the semiconductor tech firm suffered a rocky start to its London debut.
The European hedge fund disclosed a short position of around 0.52% of Alphawave shares on 19 May, according to filings published by the Financial Conduct Authority and analysed by research firm Breakout Point. That equates to a bet of roughly £11.4m, based on a market capitalisation of £2.2bn.
