Why These 5 Stocks Are Plummeting Today

Finally, there’s Deutsche Bank AG (USA) (NYSE:DB), which is down by almost 3.5% after warning investors that it will report a net loss of approximately €6.7 billion ($7.26 billion) for 2015, mainly on account of large legal and restructuring costs in a time of volatile market conditions.

Hedge funds in our database do not seem to be big fans of Deutsche Bank AG (USA) (NYSE:DB). Over the third quarter, the number of hedge funds long the stock fell by 33% to eight. However, Crispin Odey’s Odey Asset Management Group seems quite bullish; over the period, the fund boosted its stake by 49% to 2.57 million shares, worth almost $70 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned in this article.