Gabe Plotkin

Citron Research founder and short seller Andrew Left famously bet against GameStop Corporation (NYSE:GME) in 2021. The short seller told Benzinga Thursday he is once again betting against GameStop with the recent increase in the share price. What Happened: Left was a central player in the short...

The Wall Street debut of Trump Media & Technology Group (NASDAQ:DJT) has stirred a hot debate on the valuation of the company and how bets against the stock given its meme stock potential could be a bad idea. An investor who previously supported a ban on shorting stocks could be ready to make...

"Dumb Money" — a movie that depicts the events surrounding the GameStop Corp (NYSE: GME) meme stock sage — hits theaters in limited release this week, with a national expansion coming on Sept. 22. One of the central characters portrayed in the film claims he got changes made,...

A highly anticipated movie that features one of the most infamous stock market storylines of the last decade has revealed more details of its cast and released a first trailer. What Happened: A fierce battle between retail traders and hedge funds will be chronicled on the big screen with the...

Legendary NBA player Michael Jordan is selling his majority stake in the Charlotte Hornets. The sale ends the post NBA playing chapter for Jordan and also represents a huge return on investment. Here’s a look at the history of his NBA team ownership and how the sale relates to his NBA salary...

GameStop Corp. (NYSE: GME) short seller Melvin Capital Management LP ended the first half of 2021 with a loss of 46%, Bloomberg reported Thursday, citing people familiar with the matter. What Happened: Founded in 2014 by Gabe Plotkin, a former portfolio manager for Steve Cohen, Melvin Capital was...

Gabe Plotkin’s Melvin Capital Management LP saw gains of more than 20% in February after being brutalized by a retail investor-led short squeeze a month earlier, CNBC reported Wednesday. What Happened: Melvin fell as much as 53% in January in a short squeeze fueled by users of ...

On Thursday, a Congressional committee will attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently experienced extreme surges in volatility. The House...

The hedge fund Melvin Capital, which has been at the heart of the GameStop frenzy, lost about 53% in January, The Wall Street Journal has reported.  What Happened: Founded in 2014 by Gabe Plotkin, a former portfolio manager for Steve Cohen, Melvin ended January with more than $8...

Electronic Arts Inc. (NASDAQ: EA) spiked 5 percent and peers more than 2 percent Friday after Melvin Capital Management increased its stake from 970,000 shares to 15.9 million. The long-short equity fund boosted its ownership to 5 percent, according to a 13G filing, expanding a video game portfolio...