You Searched For "melvin capital" and got 20 results
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2 mins read
Melvin Capital to shut down one year after GameStop short-squeeze caused billions in losses for the hedge fund
"The past 17 months has been an incredibly trying time for the firm and you, our investors," Plotki…
Matthew Fox
2 mins read
The hedge fund blown up by its bad GameStop bet aims to scale down assets to renew outperformance
Gabe Plotkin's Melvin Capital suffered a 39% loss in 2021, and was down another 21% in the first qu…
Matthew Fox
1 min read
Meme stocks sank Melvin Capital. Now it's reportedly being investigated by the SEC over its risk management practices.
The SEC has obtained information from Melvin Capital regarding its communication with investors, so…
Phil Rosen
2 mins read
These are the 10 stocks Melvin Capital is betting will help it recoup losses from the GameStop short squeeze that cost it billions
The $17 billion hedge fund suffered a 53% loss in January and ended the first half down 46% followi…
Matthew Fox
2 mins read
The hedge fund badly bruised by betting against GameStop is still struggling after ending the first half with a 46% loss, report says
The New York-based hedge fund, which suffered a 53% loss in January from the Reddit-trader short sq…
Shalini Nagarajan
2 mins read
2 of the biggest hedge fund victims of GameStop's short-squeeze suffered more losses in May, report says
Total hedge fund losses from betting against popular meme-stocks amount to $6 billion since the sta…
Shalini Nagarajan
2 mins read
The hedge fund that lost more than 50% in a single month betting against GameStop closed out of its public short positions in the 1st quarter
Melvin Capital sold all its publicly listed put options in the first three months of the year, incl…
Natasha Dailey
1 min read
GameStop short-seller Melvin Capital suffered a 49% loss in the 1st-quarter after being hit by the Reddit-fanned trading frenzy
The hedge fund lost 53% in January, gained 22% in February, and then slid another 7% in March.
Shalini Nagarajan
1 min read
These were the top 15 highest-earning hedge funders in 2020
Gabe Plotkin of Melvin Capital, which lost 53% in January after it was caught on the wrong side of …
Matthew Fox
2 mins read
The hedge fund that lost more than 50% on GameStop's stock surge is facing 9 lawsuits from retail investors alleging conspiracy to restrict trading
One lawsuit said that buying restrictions were imposed only on retail investors, not institutions, …
Isabelle Lee
2 mins read
Gabe Plotkin's Melvin Capital gained 22% in February - but the GameStop saga leaves it in a deep hole
The gain for Melvin Capital came after Gabe Plotkin's hedge fund lost 53% in January when day-trade…
Harry Robertson
1 min read
Gabe Plotkin, whose GameStop short bets led to a 53% January loss for his hedge fund, told Congress he's been short Tesla in the past
Amid the GameStop short-squeeze last month, Elon Musk tweeted, "Gamestonk!!" with a link to Reddit'…
Matthew Fox
1 min read
The hedge fund that lost 53% in January betting against GameStop bought $1.3 billion of Facebook stock in the 4th quarter
Assuming Melvin Capital still owns its full Facebook stake, the hedge fund will need much stronger …
Isabelle Lee
2 mins read
Steve Cohen's Point72 raises $1.5 billion after supporting Melvin Capital during the GameStop saga, report says
Point72 has raised $1.5 billion as it searches for new opportunities, a report said. It lost money …
Harry Robertson
2 mins read
GameStop plummets 35% as short-squeeze conditions dissipate
GameStop short interest has plunged to 39% from 114% in mid-January. The number of shares shorted d…
Will Daniel
2 mins read
Goldman says the stock market is undergoing its biggest short squeeze in 25 years - and that has hedge funds dumping stock exposure at the fastest rate since 2009
US markets are seeing the biggest short squeeze in 25 years as Reddit day traders hit hedge funds f…
Harry Robertson
2 mins read
GameStop traders have reportedly driven a nearly 15% loss at Steve Cohen's firm Point72
GameStop traders have driven over $5 billion in losses among hedge fund short-sellers this year, an…
Will Daniel
1 min read
The firms of billionaire investors Steve Cohen and Ken Griffin pour $2.8 billion into a GameStop short-seller that's lost 30% this year
Melvin Capital is down 30% this year as day traders have bid up stocks including GameStop and Bed B…
Theron Mohamed
2 mins read
The hedge fund that lost nearly $7 billion betting against stocks like GameStop is raising cash for a new long-only fund
Melvin is raising money for a fund that bets stocks will rise, not fall, in a move away from the st…
Shalini Nagarajan
1 min read
Citadel will redeem $500 million of its shares in Melvin Capital: Report
Citadel, along with Point72, another hedge fund, stepped in to help Melvin Capital amid the meme st…