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Re:Yelp lays off 1000, furloughs 1100 by chewz on Thursday April 09, 2020 @10:56AM (#22823131)
It is called bear rally.

It happens all the time during sell out (1929, 2008). At some point shorts close their positions en masse. It doesn't stop the market from falling further later...

https://www.marketwatch.com/story/heres-how-big-of-a-bear-ma...

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