Income Boosters: Calm progress in an excitable market
In a market that looks increasingly frothy for popular stocks, even our Income Boosters are feeling the effects of the retail trading boom, as our update here reveals.
Our thoughts on recent updates from a couple of Income Booster portfolio stocks and comment on one of our income picks that has been affected by market events.
Pearson: short sellers fold?
Shares in education group Pearson (LON:PSON) were volatile last week, thanks to extremely high trading volumes. One rumoured explanation is that short sellers who've been targeting the stock have closed out or scaled back their positions, fearing a US-style short squeeze of the kind experienced by GameStop. Episodes like…
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