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IDP Education’s 48pc free fall is about much more than horror earnings

It’s not often you see a share price halve on an earnings downgrade. Here’s what’s happening at the student testing group.

Short-selling is a tough game. The odds are stacked against shorters, companies try to cut them off and returns are limited to one times money (without using debt).

Sometimes, however, the short sellers knock one out of the park.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/idp-education-s-48pc-free-fall-about-much-more-than-horror-earnings-20250603-p5m4gh