When Melvin Capital Management got slammed by bad short bets in the GameStop meme-stock misadventure in January, Citadel LLC and its partners stepped in with $2 billion. Now, according to…
Tag: Melvin Capital
Melvin Lands $2.75 Billion Backing from Citadel, Point72
After losing about 30% this year, Gabe Plotkin’s Melvin Capital scored a$2.75 capital injection from hedge fund titans Ken Griffin of Citadel and Steve Cohen of Point72 Asset Management. This…