May 17, 2024, 11:47 AM
May 13, 2024, 2:40 PM
GameStop short sellers face massive losses as shares surge
- Short-selling hedge funds lost nearly $1 billion in GameStop's recent surge.
- GameStop's stock price tripled in a trading frenzy led by retail investors.
- The company's filing for a mixed-shelf offering added to the volatility.
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