Tag Archives: Steven A. Cohen

Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets – WSJ

Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm. Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year […]