Short-sellers lost $818 mln on Gamestop bets on Wednesday - Ortex
- Country:
- United Kingdom
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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