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.