Big Take Podcast
The GameStop Squeeze and the Demise of the Short Seller
A bull market, the return of meme stocks and regulatory threats. On today’s Big Take podcast, why legendary investors are abandoning an oft-reviled investment strategy.
A GameStop store in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
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People go to Miami for a lot of reasons including winter sun, Cuban food, retirement. But Bloomberg’s Denitsa Tsekova recently traveled to South Florida for something a little different: Hedge Fund Week. There, she discovered something truly shocking: some of the biggest, boldest short-sellers are abandoning their strategy.