Page 3 - Thisbig Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Reporter:some breaking news this morningon this gamestop story. gabe plotkin saying thatmelvin capital has been out, closed out its position. - the numbers and whathe's down is dramatic. so the questionwill become there, what is the futureof that firm? unclear. stock expert: around 10:30or 11 o'clock in the morning, it comes out that thisbig fund, melvin capital, is short the stock andfeeling the pain, and they are takingmassive losses. this really emboldensthe wallstreetbets crowd. they justtook down a hedge fund. - once people did find outthat melvin was probably one ofthe larger short parti...

Reporter:some breaking news this morningon this gamestop story. gabe plotkin saying thatmelvin capital has been out, closed out its position. - the numbers and whathe's down is dramatic. so the questionwill become there, what is the futureof that firm? unclear. stock expert: around 10:30or 11 o'clock in the morning, it comes out that thisbig fund, melvin capital, is short the stock andfeeling the pain, and they are takingmassive losses. this really emboldensthe wallstreetbets crowd. they justtook down a hedge fund. - once people did find outthat melvin was probably one ofthe larger short parti...

You never know. reporter:hedge funds have lost billions by betting against the stock. some little guys standto make millions. - fuck. [laughs] i missed it.the thesis was right. the group was right.the apes are winning. [roaring] reporter:some breaking news this morningon this gamestop story. gabe plotkin saying thatmelvin capital has been out, closed out its position. - the numbers and whathe's down is dramatic. so the questionwill become there, what is the futureof that firm? unclear. stock expert: around 10:30or 11 o'clock in the morning, it comes out that thisbig fund, melvin capital, is sh...

Reporter:some breaking news this morningon this gamestop story. gabe plotkin saying thatmelvin capital has been out, closed out its position. - the numbers and whathe's down is dramatic. so the questionwill become there, what is the futureof that firm? unclear. stock expert: around 10:30or 11 o'clock in the morning, it comes out that thisbig fund, melvin capital, is short the stock andfeeling the pain, and they are takingmassive losses. this really emboldensthe wallstreetbets crowd. they justtook down a hedge fund. - once people did find outthat melvin was probably one ofthe larger short parti...