Explainer: What’s going on in Wall Street ...palestine

samanews - News
Explainer: What’s going on in Wall Street
source : samanews ( palestine ) () 10
A groundbreaking battle has begun after a community of small (immature) investors turned the tables on Wall Street giant Melvin Capital — a hedge fund managing assets worth over $12 billion. Melvin Capital’s multi-billion-dollar bet on the failure of GameSpot, a loss-making video game retailer, cost it dearly after small investors joined forces using the internet technology. They have taught Wall Street giants some serious lessons

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