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— Squawk Box (@SquawkCNBC) January 27, 2021
$GME price plummeting after CNBC reported Melvin Capital is surrendering and closing out its short position. Amazingly, it got as high as $365, which meant GameStop had a mkt cap of $25b, making it the 350th biggest co for a minute there (it ranked 1,450th a week ago at $2.7b). pic.twitter.com/cnvFj4DP7d
— Eric Balchunas (@EricBalchunas) January 27, 2021
Citron Research covered short positions at a loss
Left says he covered a "majority" of his short "in the $90s" at a loss of 100%, still has a small short on. https://t.co/bWoPBpBJqi
— Myles Udland (@MylesUdland) January 27, 2021