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


By BY MATTHEW GOLDSTEIN AND KATE KELLY
Business
https://ift.tt/3pAUowP
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.
New York Times
Hedge Funds, Stocks and Bonds
February 1, 2021 at 12:05AM

Popular posts from this blog

Why Do We Think It's Okay to Invade Strangers' Privacy?

Why American Spies Worry When Trump Meets Putin