https://ift.tt/2wwdHAe Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January Hedge Funds, Stocks and Bonds 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. BY MATTHEW GOLDSTEIN AND KATE KELLY https://ift.tt/3j6sR3G February 1, 2021 at 05:35AM
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