{"id":88213,"date":"2024-05-14T02:12:23","date_gmt":"2024-05-14T06:12:23","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88213"},"modified":"2024-05-14T01:59:40","modified_gmt":"2024-05-14T05:59:40","slug":"gamestop-short-sellers-lost-almost-1-billion-in-mondays-monster-rally","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/gamestop-short-sellers-lost-almost-1-billion-in-mondays-monster-rally.html","title":{"rendered":"GameStop short sellers lost almost $1 billion in Monday\u2019s monster rally"},"content":{"rendered":"\n<p>(CNBC) The jaw-dropping rally in\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/GME\/\">GameStop<\/a>\u00a0on Monday caused losses approaching $1billion for short sellers, according to data from S3 Partners. With GameStop soaring 74%, short-selling hedge funds suffered a mark-to-market loss of $838 million in the brick-and-mortar video game retailer, data firm S3 Partners said. \u201cExpect short covering in this stock as it already had a 100\/100 squeeze score prior to today\u2019s trading,\u201d said Ihor Dusaniwsky, S3 managing director of predictive analytics.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/13\/gamestop-short-sellers-have-already-lost-1-billion-from-mondays-monster-rally.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The jaw-dropping rally in\u00a0GameStop\u00a0on Monday caused losses approaching $1billion for short sellers, according to data from S3 Partners. With GameStop soaring 74%, short-selling hedge funds suffered a mark-to-market loss of $838 million in the brick-and-mortar video game retailer, data [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88213","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88213"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88213\/revisions"}],"predecessor-version":[{"id":88214,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88213\/revisions\/88214"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}