Home / Market News / The Wall Street Journal: Melvin Capital, which took a bath on GameStop and meme stocks, to liquidate funds

The Wall Street Journal: Melvin Capital, which took a bath on GameStop and meme stocks, to liquidate funds

Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks in the early days of the pandemic.

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