Broker Check

GameStop, A Wall Street Scandal for the History Books

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Here are some articles to give you insight on what is really going on.

GameStop Furor Inflicts Lasting Pain on Hedge Funds. The trading frenzy may be a lark for some investors, but it forces long-short funds into some unappealing options.

By Nir Kaissar

CNBC.com

February 1, 2021, 8:00 AM PST

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Melvin Capital, hedge fund that bet against GameStop, lost more than 50% in January.

by Pippa Stevens, Leslie Picker

CNBC.com

PUBLISHED SUN, JAN 31 2021 11:01 AM EST

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Melvin Capital, hedge fund targeted by Reddit board, closes out of GameStop short position.

by Yun Li

CNBC.com

PUBLISHED WED, JAN 27 2021 6:20 AM EST

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Experts — including Warren Buffett — say short selling can be beneficial for markets.

by Tae Kim

CNBC.com

PUBLISHED FRI, OCT 5 2018 3:55 PM EDT

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