SEC investigating failed GameStop (GME) short hedge fund Melvin Capital Management
Failed GME short hedge fund Melvin Capital is being investigated by the SEC.
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Failed GME short hedge fund Melvin Capital is being investigated by the SEC.
Melvin Capital was caught in the crosshairs of Reddit last year and never fully recovered from GME mania. The firm may be closing down their hedge fund.
GameStop is delivering power to the players again today with another massive short squeeze run. The stock soared nearly 35% today.