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