Connect with us

Hi, what are you looking for?

Markets

‘It was like, wow, you could never short a stock again.’ Hedge-fund executive recalls when GameStop’s stock went parabolic.

GameStop reports results after the close on Wednesday, and of course that brings to mind the huge surge in its stock price in January, 2021, when the Reddit WallStreetBets message board help to fuel a frenzy, before an abrupt end when brokers restricted trading.

That episode was recalled in a podcast that Will England, chief executive of the hedge fund Walleye Capital, did with Patrick O’Shaughnessy, himself a fund manager. Essentially, England represents what many see to be the villains of this story, the hedge funds that…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This...

News

Dear International Growth Fund Shareholder: Baron International Growth Fund® (BINIX, the Fund) gained 8.07% (Institutional Shares) during the third quarter of 2024, while its...

Videos

Watch full video on YouTube