Case Study: South Africa President Resigns
Dataminr Alerted To Rumors Eight Days Before Official Statements
As pressure mounted on embattled South Africa President Jacob Zuma to resign, Dataminr for Finance provided ongoing coverage of the country’s political future, including resignation rumors days before Zuma’s official oust.See full case study
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It took other investors around ten minutes to hear the news and to push its shares down by 50%, by which time Dataminr’s clients had been able to short them.