Melvin Capital Lost More Than
50% in Bet Against GameStop.
Melvin Capital Management lost
53% in January on bets against
GameStop and other stocks.
The hedge fund’s assets currently
stand at $8 million, down from about
$12.5 billion at the start of the year. .
GameStop shares ended last week at
a 400% gain, closing at $325 on Friday.
The video game store's shares
were going for under $10 each in
October of last year.
The sudden rise in GameStop’s value began last week as a result of retail investors turning to Reddit’s r/WallStreetBets subreddit
50% in Bet Against GameStop.
Melvin Capital Management lost
53% in January on bets against
GameStop and other stocks.
The hedge fund’s assets currently
stand at $8 million, down from about
$12.5 billion at the start of the year. .
GameStop shares ended last week at
a 400% gain, closing at $325 on Friday.
The video game store's shares
were going for under $10 each in
October of last year.
The sudden rise in GameStop’s value began last week as a result of retail investors turning to Reddit’s r/WallStreetBets subreddit
Post your comment
Up Next
-
17:28
SQUID GAME vs Melvin & Regina in Roblox Challenge
-
00:39
Crazy Swedish Car Crash!! Gabbe åker Lådbil Och Melvin Garvar!
-
00:43
GameStop Is Now GAME OVER | GameStop the New Sports Betting App #gme #roaringkitty #gamestop
-
02:29
Bob Melvin Athletics Win Rate Run Line Over Under Manager Angles 6/24/2020
-
00:57
Infinity 2 Global Chicago | I2G Chicago | Online Casino MLM | Melvin Shaw
-
00:23
Paypal Casinos Für Das Jubeln Daheim
-
00:14
Video Strip Poker Classic 2007 NAOME PC GAME
-
02:24
Strip Poker Video
-
04:10
INSTALACION DE INTERFASE CON BILLETERO UBA PARA MAQUINA IGT POKER
-
04:23
Chinese New Year 2014 At Casino Cosmopol Malmö, Sweden
Loading...
Comments