The US short selling agency Citron Research (Citron Research) announced on the social platform X on Wednesday that it is no longer short selling on GameStop (GME). The stock fell 16.5% to $25.46 on Wednesday, then rebounded 2.2% to $26.02 after the market. GME has enough savings to appease fanatical shareholders. This is not because they believe that the company's fundamentals will improve, but because of 4 billion dollars in bank deposits, GME …
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
The US short selling agency Citron Research (Citron Research) announced on the social platform X on Wednesday that it is no longer short selling on GameStop (GME). The stock fell 16.5% to $25.46 on Wednesday, then rebounded 2.2% to $26.02 after the market. GME has enough savings to appease fanatical shareholders. This is not because they believe that the company's fundamentals will improve, but because of 4 billion dollars in bank deposits, GME …