WallStreetBets traders celebrate losses inflicted on Melvin Capital

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Melvin Capital lost 53 percent on its investments in January alone.

surfaced Sunday that Melvin Capital Management lost 53 percent on its investments for the month of January, mostly in part to a flurry of activity in the last week amid the GameStop activity.community WallStreetBets helped crash the firm's party, and in the process celebrated"the little man" gaining a victory over the billionaire investors.

The Reddit community WallStreetBets helped crash the party for Melvin Capital, and it is WallStreetBets who is celebrating their feat of “the little man” gaining a victory over the billionaires as Melvin lost 53 percent on its investments in January.Melvin Capital began 2021 with about $12.5 billion, and finished the month January with around $8 billion—thanks to $2.

 

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as they should 🥳

Heard the Democrat Maxine Waters family is up to the same tricks the Biden’s did. I hope these aren’t washing money crimes, going on.

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