Melvin Capital Management

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 ...

Robinhood is likely protected by its user agreements from potential lawsuits in the wake of the actions the platform took this week. What Happened: That's according to legal experts spoken to by Reuters. They pointed to language in the user agreement that says Robinhood “may at any time,...