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Short Sellers Get Revenge in Meme Stocks — But Will It Last?
Short sellers have made nearly $5 billion on GameStop, AMC, and Tesla so far this year.
A little more than a year ago, retail investors posting on the Reddit forum WallStreetBets were heralded as working class warriors for their effort to take down hedge fund Melvin Capital — and by proxy all of Wall Street — as they attempted to squeeze short sellers in GameStop, creating
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