GameStop investor Melvin Capital lost 49% on its investments in first quarter: source
April 09, 2021 at 18:22 PM EDT
BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity
