Melvin Capital fund reportedly gains 20% in February By Investing.com
By Samuel Indyk Investing.com – Melvin Capital, one of the hedge funds at the heart of the GameStop (NYSE:GME) affair, reportedly gained more than 20% in February in a rapid turnaround from the losses seen the month before. The hedge fund, which had a large short position in GameStop before the January surge in share price, had lost 53% in January during the...
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