时间:2026-10-06 02:07:49 来源:网络整理编辑:娛樂
Betting against the crowd isn't always smart. Hedge fund Melvin Capital reportedly lost $4.5 billion
Betting against the crowd isn't always smart.
Hedge fund Melvin Capital reportedly lost $4.5 billion in assets value in January – a 53 percent drop – after its massive bet that GameStop's stock price will fall turned sour, the Financial Times reported Sunday. And that's after a $2.75 billion cash infusion from previous investors, who jumped in to save the fund from collapse.
For an explainer of what happened, go here, but the short version is that Melvin, as well as some other funds, bet against GameStop by shorting massive amounts of its stock (shorting means selling the stock in the hope you'll be able to rebuy cheaper later). Reddit traders that frequent the subreddit r/wallstreetbets noticed that GameStop's stock was ridiculously (perhaps unfairly) over-shorted, and they responded by buying the stock en masse, driving the price up higher, forcing shorters to buy the stock to cover their losses (this is know as a short squeeze). This, in turn, put enormous pressure on Melvin and other shorters; eventually, Melvin said it exited its short position on GameStop, likely at a massive loss.
According to FT, Melvin has since repositioned its portfolio to be a lot less risky; a source told the outlet that the company's leverage ratio is at the lowest it has been since the firm was founded in 2014.

Prior to the GameStop fiasco, Melvin was one of the best-performing hedge funds out there, with a 52 percent yearly gain.
GameStop's stock price is still sharply up compared to just weeks ago and is currently trading at about $344 in premarket trading.
SEE ALSO:Robinhood now says you can buy one GameStop share, as a treatTraders at r/wallstreetbets have since turned their attention to other assets. One of them is silver, the price of which has surged to $29, a price the precious metal hasn't seen in eight years.
Tweet may have been deleted
With #silversqueeze trending on Twitter, millions of small-timers seem ready to put their money (and, perhaps, gains from the GME trade) into silver, armed with the notion that banks have been suppressing the price of silver and pumping it is a way to hurt them. One thing is certain — funds and large investors, no matter how big, will now think twice before betting against them.
What brands need to know about virtual reality2026-10-06 01:59
京媒嘉賓 :打越南我們有優勢要自信 他們矮沒力量2026-10-06 01:57
米蘭球迷辱罵多納魯馬:一坨X 你永遠不會受歡迎2026-10-06 01:37
亞足聯官網 :中國隊取分仍要靠武磊 他的威脅性最大2026-10-06 01:32
Olympic security asks female Iranian fan to drop protest sign2026-10-06 01:19
邵佳一 :當年德國隊友聽說我參加過世界杯 都非常羨慕2026-10-06 01:13
成都球員複刻日本門將史詩烏龍 球隊成績滑坡曾有望衝超2026-10-06 01:08
比利時官方:小阿紮爾未隨隊出征 將缺戰歐國聯半決賽2026-10-06 01:03
This app is giving streaming TV news a second try2026-10-05 23:29
紮心了 !數據網站預測歐聯冠軍 巴薩成為頭號熱門2026-10-05 23:29
Florida hurricane forecast remains uncertain, but trends in state's favor2026-10-06 01:40
國足或於13日回國休整 11月兩場12強賽有望國內舉辦2026-10-06 01:38
王霜辟謠留洋傳聞:哪也不去 重心放在國家隊集訓2026-10-06 01:24
利物浦名宿:希望哈蘭德來紅軍 曼城得到他將無敵2026-10-06 01:16
Hiddleswift finally followed each other on Instagram after 3 excruciating days2026-10-06 01:14
米盧鼓勵國足:壓力並不存在 中國球員是有能力的2026-10-06 01:09
曝國安發工資也出現問題 費南多不會再為中國比賽2026-10-06 00:57
官方:69歲拉涅利入主沃特福德 首秀率隊戰利物浦2026-10-06 00:57
How Hyperloop One went off the rails2026-10-05 23:57
武磊:長期封閉非常困難 國足有信心拿下越南2026-10-05 23:42