Billionaire investors Steve Cohen and Ken Griffin pour $2.8 billion into a GameStop short seller
Steve Cohen’s Point72 and Ken Griffin’s Citadel are investing $2.75 billion in Melvin Capital. Melvin is down about 30% this year as its short positions are getting hammered. Day traders have bid up the stock prices of GameStop, Bed Bath & Beyond, and other popular shorts. Visit Business Insider’s homepage for more stories. A pair … Read more