Posted on

A Fight Over GameStop’s Soaring Stock Turns Ugly



Share

Then came war. On Tuesday, Citron Research founder Andrew Left, an activist investor and short seller, tweeted that he’d share five reasons why GameStop’s stock would plummet to $20 fast in an upcoming livestream. (The stock had by then climbed to $41.) “We understand short interest better than you and will explain,” he wrote. In a YouTube video, Left argued that GameStop is “a failing, mall-based retailer,” and that its value is “not based on any fundamentals, [which] just shows the natural state of the market right now.”On Friday, Left set up a second Citron Research Twitter handle, claiming …

Read More