Monday 1 February 2021

Hedge fund Melvin sustains 53% loss after Reddit onslaught

Hedge fund Melvin sustains 53% loss after Reddit onslaught

$4.5 billion drop in assets after bets against the likes of GameStop go sour.
Read more: https://arstechnica.com/gadgets/2021/01/hedge-fund-melvin-sustains-53-loss-after-reddit-onslaught/?source=Snapzu

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