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GameStop Short Seller Melvin Gets $2.75B Funding From Citadel, Point72 - Vimarsana News

GameStop Short Seller Melvin Gets $2.75B Funding From Citadel, Point72

GameStop Corporation (NYSE: GME) short seller Melvin Capital Management LP said Monday it had received $2.75 billion in investment from hedge funds Citadel and Point72. What Happened: While Citadel and its partners are investing $2 billion, Point72 is pumping in $750 million into Melvin Capital, the firm’s CEO Gabriel Plotkin said in a statement. “The team at Melvin is eager to get to work and reward the confidence of these two great investment icons,” said Plotkin. Point72 has already invested $1 billion invested in Melvin, as of 2019. The investments are in Melvin’...

Source: yahoo.com
bubbles | Benzinga - Vimarsana News

bubbles | Benzinga

David Merkel had a great post up that he titled The Retirement Bubble. The post was thought provoking as were the comments on the Seeking Alpha version of the post. David covers a lot of ground and if I am reading him correctly, he and I draw some similar conclusions about the idea of traditional... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:

General Motors Company (GM) - PreMarket Prep Stock Of The Day: General Motors - Vimarsana News

General Motors Company (GM) - PreMarket Prep Stock Of The Day: General Motors

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel. Ho-Hum Year In 2020: After ending 2019 at $36.60, General Motors Company (NYSE:GM) didn't rally with the broad market in January of 2020; Instead, it declined to $33.39. The issue be...

Michael Pachter - Vimarsana News

Michael Pachter

Regardless if consumers are stuck at home or not, the public wants to be entertained, Wedbush Managing Director and Equity Analyst Michael Pachter said Monday on Benzinga's PreMarket Prep. What To Know The American consumer can't go to a live sporting event or concert, nor can they go to... Read More...

Theaters | Benzinga - Vimarsana News

Theaters | Benzinga

Below are the top movie production, theaters stocks on the NYSE in terms of dividend yield. Regal Entertainment Group (NYSE: RGC) has a dividend yield of 3.90%. Regal Entertainment's shares closed at $22.79 on Monday. AMC Entertainment Holdings (NYSE: AMC) has a dividend yield of 3.20%. AMC... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to: