LPNEWS

Gamestop Investor Melvin Capital Lost 49% On Its Investments In First Quarter: Source

by foxbusiness.com posted 5months ago 26 views
BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity.

In this article