WebJan 27, 2024 · Melvin Capital announced that it had closed its position on GME this morning. Tokenized GME stocks took a 30% hit and still look shaky. GME closed at $148 yesterday, as a result of a short squeeze organised by a group of Reddit users. GME has been volatile on FTX today. The popular exchange is facilitating trading on tokenized … WebJan 27, 2024 · Melvin Capital Management, a hedge fund that shorted GameStop stock, is now out of the stock after taking a reported “huge loss.” “I’ve just got off the telephone with who runs that firm, they have taken a rather huge loss, I do not have the full number on what that loss looks like,” said Andrew Sorkin of Squawk CNBC.
Melvin Capital, Citron Capital Close GameStop (GME) Reddit …
WebFeb 17, 2024 · Melvin Capital closed its short position in GameStop on January 27. Assuming Melvin Capital still owns its full Facebook stake, the firm will need much stronger performance to... WebJan 27, 2024 · Melvin Capital closed out its short position in GameStop on Tuesday afternoon after taking a huge loss, the hedge fund’s manager told CNBC. CNBC could not confirm the amount of... tracer cat
Melvin Capital Closes Out Public Short Positions After …
WebJun 13, 2024 · Melvin's generating around ~$800mm in performance fees in that case and has only 25 IPs. seems stingy to not give senior analysts closer to 8 figures in that case BUT if there's nowhere else better for the analysts to go for comp then market is market and there's no need for Gabe to pay nearly as much as he could. life must be good at the top … WebJan 27, 2024 · The hedge fund targeted by Reddit investors Melvin Capital reportedly closed out its short position in Gamestop on Tuesday. The bricks-and-mortar retailer was targeted by an army of... WebJan 27, 2024 · It announced an emergency infusion of $2.75 billion from fellow hedge funds Citadel and Point72 on Jan. 25, and told CNBC today that it closed out its short position in GameStop on Tuesday afternoon. tracer checklist