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[Jordan] By late January

GameStop: The Wall Street Hijack

By late January, the hedge funds start to fail. One fund, Melvin Capitalannounces losses...

GameStop: The Wall Street Hijack • 2021

[Jordan] By late January, the hedge funds start to fail. One fund, Melvin Capital
announces losses of over seven billion dollars. Citron Capital, the guys
who originally called those retail investors
"suckers," ends up losing 100%
of their investment. Overall, short sellers
betting against GameStop go on to lose nearly
20 billion with a B dollars. GameStop was set to continue their head spinning
ascent today

Full Transcript

00:00:01.000 --> 00:00:02.166

[Jordan] By late January,

00:00:02.201 --> 00:00:04.135

the hedge funds start to fail.

00:00:04.169 --> 00:00:07.472

One fund, Melvin Capital announces losses

00:00:07.506 --> 00:00:09.274

of over seven billion dollars.

00:00:09.308 --> 00:00:12.911

Citron Capital, the guys who originally called

00:00:12.945 --> 00:00:15.113

those retail investors "suckers,"

00:00:15.147 --> 00:00:18.349

ends up losing 100% of their investment.

00:00:18.384 --> 00:00:22.186

Overall, short sellers betting against GameStop

00:00:22.221 --> 00:00:27.125

go on to lose nearly 20 billion with a B dollars.

00:00:27.159 --> 00:00:28.826

GameStop was set to continue

00:00:28.861 --> 00:00:30.328

their head spinning ascent today.

Duration

30 seconds

Views

33

Timestamp in Movie

00:33:44

Uploaded

May 10, 2025

Genres

Production

N/A

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Movie Summary

A group of young, risk-embracing day traders used social media to organize a massive stock buy-up. Jordan Belfort provides details about the story, exploring how it shook the world's markets.