Melvin Capital Underwater After Doubling Down GameStop Short

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Rumors circulating out of Wall Street say that Melvin Capital is underwater to the tune of billions after doubling down on their GameStop Corp. (NYSE:GME) short in early March. While Melvin saw some initial success we are told they ADDED to this position slowly over time, over the past week GameStop has begun to squeeze […]

The post Melvin Capital Underwater After Doubling Down GameStop Short appeared first on ValueWalk.

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