Handful of hedge funds bet big on GameStop before its wild ride

Handful of hedge funds bet big on GameStop before its wild ride

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-retail-trading-hedge-funds/handful-of-hedge-funds-bet-big-on-gamestop-before-its-wild-ride-idUSKBN2AG2IE

A handful of small hedge funds were in a position to profit from the Reddit rally that sent shares of GameStop Corp and other out-of-favor stocks rocketing higher last month at the expense of prominent investors who had bet against the stocks, according to securities filings released Tuesday.

Handful of hedge funds bet big on GameStop before its wild ride

Feb 16, 2021, 9:15pm UTC
https://www.reuters.com/article/us-retail-trading-hedge-funds/handful-of-hedge-funds-bet-big-on-gamestop-before-its-wild-ride-idUSKBN2AG2IE >A handful of small hedge funds were in a position to profit from the Reddit rally that sent shares of GameStop Corp and other out-of-favor stocks rocketing higher last month at the expense of prominent investors who had bet against the stocks, according to securities filings released Tuesday.