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Home / 2021 at 06:05AM / Hedge Funds / Stocks and Bonds February 1 / Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January

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

Monday, February 01, 2021 , ,

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 BY MATTHEW GOLDSTEIN AND KATE KELLY from NYT

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