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GameStop short seller shutters amid steep losses from meme stock trading frenzy

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A hedge fund that bet against GameStop Corp (NYSE:GME) has been forced to shut down after suffering heavy losses due to a buying frenzy in shares of the video game retailer earlier this year. According to an FT report, White Square Capital has told investors that it will shutter its main fund and return its capital later this month after reviewing its business model.

...read full article on Proactive Investors

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