Citron Research founder Andrew Left is shorting GameStop again, arguing the stock is “extremely overvalued” after its latest meteoric rise. The veteran short seller was burned on his first bet against meme-stock traders’ favorite company in 2021, eventually closing out his short position at a 100% loss and halting the publication of short reports after he said an “angry mob” of fanatical GameStop shareholders harassed him.
But Left, who made his name with big bets against the pharmaceutical giant Valeant and China’s now-defunct property giant Evergrande, told the Wall Street Journal that he made a profit when he bet against GameStop again last month.
