• GameStop Short Sellers Just Lost US$2 Billion Amid Meme Stock Rally

    GameStop Short Sellers Just Lost US$2 Billion Amid Meme Stock Rally

    The meme stock rally triggered by the return of “Roaring Kitty” to social media has cost GameStop stock short-sellers more than $US2 billion in just two days, according to data firm S3 Partners. Ihor Dusaniwsky, S3’s managing director of predictive analytics, wrote on X: “After being down $US862 million in mark-to-market losses yesterday, $GME [GameStop]…