At the peak of the financial crisis of 2008 Volkswagen became the most valuable company in the world for one day despite being on the brink of bankruptcy
Hedge funds lose $30 billion on VW infinity squeeze Volkswagen Infinity Squeeze. The October 2008 short squeeze on shares of Volkswagen AG has since been referred to as the “Mother of all Squeezes”. It was also perhaps the earliest use of the term “Infinity Squeeze”. It was during the middle of the worst financial crisis […]