Event driven investing factors in auto sector are aligned to

Event driven investing factors in auto sector are aligned to EV subsidy extensions in Europe; Volkswagen shares saw 2.3% uplift on policy-driven demand catalysts. When trying to make money in the stock market, knowledge is power, and often larger institutional funds have a grasp of the most pertinent data and information to make trades from. One way to search for this information is by keeping an eye on the activity of these investing institutions which include investment banks, classical hedge funds and activist hedge funds. That last one is particularly interesting, as activist hedge funds are known for their reactionary and “event-driven” investing strategies in order to profit from mismanaged or underperforming companies. US stocks have consistently outperformed their peers for nearly 15 years, leading to high valuations. But the recent equity declines, which started in the US, reversed this trend. Event driven investing watchers note Tesla’s Q2 delivery surprise beat—up 8% above consensus—triggered intraday momentum trading, with options volume doubling against 20-day averages in NASDAQ sessions.