Important· 58
Confirmed by 2 outletsNasdaq 100 Rips More Than 3% Higher as Shorts Rush to Cover
The Nasdaq 100 jumped more than 3% on the day, with short covering accelerating, according to @KobeissiLetter on X. The index now sits 9% above the low it hit just six days ago.
By the Paparazzi deskx.com0views
Fact boxTrust 58/100 · Developing
What we verified
- 2 sources report it: X account @KobeissiLetter, breakingthenews.net.
- The source published it on Nov 11, 2026 at 6:41 PM.
What we couldn't
Nothing open. Every check passed.
The Nasdaq 100 climbed more than 3% on the day, per a breaking post from @KobeissiLetter on X. The outlet tied the move to accelerating short covering.
That leaves the index 9% above the low it touched six days ago. The outlet highlighted the speed of the move: a 9% gain from a low reached only six days earlier.
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Price since story
SPY-0.59%
Market data, not advice.TopicsNasdaq 100 · @KobeissiLetter · X
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Written by Paparazzi with AI. Not financial advice.
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