Tag Archives: New York Times Melvin Capital Management

Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January – The New York Times

Melvin Capital Management, one of the hedge funds pilloried on social media message boards for its short-selling bets that GameStop shares would fall, lost 53 percent on its portfolio in January, a person familiar with the matter said. A principal reason was the huge losses the firm suffered when small investors bid up the stock […]