/biz/ - Business & Finance

>Hedge fund Melvin Capital closed out its short position in videogame retailer GameStop Corp.
>Andrew Ross Sorkin that the position was closed out Tuesday afternoon following a huge loss.
>Andrew Left of Citron Research, in a video posted to YouTube on Wednsesday, said he covered the majority of Citron's short position in GameStop in the $90 price range.

https://www.youtube.com/watch?v=yS4yPsmaDDQ&feature=youtu.be

https://www.marketwatch.com/story/hedge-fund-melvin-capital-closes-out-gamestop-short-cnbc-2021-01-27#:~:text=Hedge%20fund%20Melvin%20Capital%20closed,afternoon%20following%20a%20huge%20loss.