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Wall Street Establishment vs Wall Street Bet | Reddit, Robinhood Strike Back | Yaad Finance Podcast
Wall Street Establishment vs Wall Street Bet | Reddit, Robinhood Strike Back
The battle between Wall Street Establishment vs Wall Street Bet has already produced a loser. Melvin Capital has reportedly liquidated their fund and sold out of all their short Position of The GameStop Corp. This move they were forced to take after wallstreetbet rallied behind GameStop Stock. This caused the stock to more than doubled this week alone to nearly $150 apiece, driving its January gains to 685%.
The price of GameStop ($GME) as of this writing is currently $354. It opened at $352 this morning.
Read More at: Yaad Finance
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By Shane SalmonWall Street Establishment vs Wall Street Bet | Reddit, Robinhood Strike Back
The battle between Wall Street Establishment vs Wall Street Bet has already produced a loser. Melvin Capital has reportedly liquidated their fund and sold out of all their short Position of The GameStop Corp. This move they were forced to take after wallstreetbet rallied behind GameStop Stock. This caused the stock to more than doubled this week alone to nearly $150 apiece, driving its January gains to 685%.
The price of GameStop ($GME) as of this writing is currently $354. It opened at $352 this morning.
Read More at: Yaad Finance