Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January

Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January

January 31, 2021
A principal reason for the hit to Melvin Capital’s monthly performance were the massive losses the firm suffered when small investors bid up the stock of GameStop.

from NYT > Top Stories https://ift.tt/2Mc3ull
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