Wall Street vs Main Street fight quashes hedge funds as GameStop keeps rallying

Wall Street vs Main Street fight quashes hedge funds as GameStop keeps rallying

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-gamestop-hot/wall-street-vs-main-street-fight-quashes-hedge-funds-as-gamestop-keeps-rallying-idUSKBN29W131

Retail traders scored against professionals on Wednesday as hedge funds Melvin and Citron retreated with heavy losses on short positions in GameStop in the week-long battle between Wall Street and Main Street, with more calling for scrutiny of anonymous stock trading posts on social media.

Wall Street vs Main Street fight quashes hedge funds as GameStop keeps rallying

Jan 27, 2021, 7:32pm UTC
https://www.reuters.com/article/us-gamestop-hot/wall-street-vs-main-street-fight-quashes-hedge-funds-as-gamestop-keeps-rallying-idUSKBN29W131 >Retail traders scored against professionals on Wednesday as hedge funds Melvin and Citron retreated with heavy losses on short positions in GameStop in the week-long battle between Wall Street and Main Street, with more calling for scrutiny of anonymous stock trading posts on social media.