Short-sellers have lost an estimated $19 billion in 2021 by betting GameStop's share price would fall, according to new data

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By Olachi in Business
Updated 3 years ago

Short-sellers have lost around $19 billion on GameStop in 2021, new estimates suggest. Reddit day traders have sent the stock soaring by more than 1,500% this year. GameStop's rise has hammered hedge funds including Melvin, Point72 and D1. Sign up here for our daily newsletter, 10 Things Before the Opening...

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