Citron Research Abandons GameStop (GME) Stock Short Position
Citron has closed its GME stock short position, likely for a loss. The short seller cited market irrationality and GameStop's cash balance.
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Citron has closed its GME stock short position, likely for a loss. The short seller cited market irrationality and GameStop's cash balance.
The video game retailer said earlier this week that it raised $2 billion from a share sale
(Reuters) -Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill's return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer.
Despite no release date being officially announced, GameStop shared one on Twitter.
GameStop's main meme trader 'Roaring Kitty' posted an update on where his holdings of the video game maker stand and despite a two-day downturn in the shares he's still in the green.