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

Business Insider
Jan 29, 2021, 11:12 am218 pts
The GameStop stock price has soared by more than 1,500% this year, battering hedge funds John Minchillo/AP 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…

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