2022-05-20 10:55:18

Gabe Plotkin’s hedge fund Melvin Capital shut its doors this week

Melvin Capital, a hedge fund run by Gabe Plotkin that struggled heavily with losses last year and never quite recovered from the GameStop short squeeze in 2021, is closing its doors. Melvin Capital was once one of the top-performing funds in the world. The very same fund that made billions betting against GM and medallion...

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