Short Seller Behind Globe Life’s Plunge Has Winning Record (1)

The record drop in Globe Life Inc. this week extended a streak of wins for the short-selling group that released a report against the insurance company.

Fuzzy Panda Research, an anonymous organization that puts out reports on companies whose stocks it’s betting against, was the best performing activist short seller in 2023, according to an analysis by Breakout Point of firms that made at least two calls. It found that the companies Fuzzy Panda shorted fell 63% last year on average.

Globe Life’s record 53% slump Thursday added to a successful start of the year for Fuzzy Panda, with shares ...