Short-sellers lost $818 mln on Gamestop bets on Wednesday - Ortex


Reuters | London | Updated: 25-02-2021 20:57 IST | Created: 25-02-2021 20:57 IST
Short-sellers lost $818 mln on Gamestop bets on Wednesday - Ortex
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Short-sellers are estimated to have lost $818 million on Wednesday from their bearish bets on videogame maker Gamestop, data from financial analytics firm Ortex showed.

GameStop's shares shot up higher again on Thursday a day after doubling in value, sparking a fresh retail trading frenzy in the stock that had been at the center of a historic short squeeze in January.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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