: ‘It was like, wow, you could never short a stock again.’ Hedge fund executive recalls when GameStop stock went parabolic

by | Sep 6, 2023 | Stock Market

GameStop reports results after the close on Wednesday, and of course that brings to mind the huge surge in its stock price in January, 2021, when the Reddit WallStreetBets message board help to fuel a frenzy, before an abrupt end when brokers restricted trading. That episode was recalled in a podcast that Will England, chief executive of the hedge fund Walleye Capital, did with Patrick O’Shaughnessy, himself a fund manager. Essentially, England represents what many see to be the villains of this story, the hedge funds that…

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