Hedge funds Citadel, Point72 putting $2.75B in Melvin Capital, hit by GameStop short

Jan. 25, 2021 3:26 PM ETGameStop Corp. (GME)GMEBy: Kim Khan, SA News Editor233 Comments
  • Ken Griffin's Citadel and Steve Cohen's Point72 Asset Management are investing $2.75B into Melvin Capital to help stabilize the fund that has ben hammered by bad short bets this year, The Wall Street Journal reports.
  • Melvin Capital's short positions, including against

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