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.