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

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

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