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GameStop Short-Sellers Start Crying Uncle, Close Out Positions

TheMotleyFool

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GameStop Short-Sellers Start Crying Uncle, Close Out Positions

Short-sellers are capitulating. The wild price action in GameStop (NYSE: GME) stock is causing short-sellers to throw in the towel and cover their positions.

Melvin Capital and Citron Research closed out their short positions, with the latter's Andrew Left saying he did so at "a loss of 100%."

Image source: Getty Images.

Source Fool.com

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