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The Latest Breaking News from Melvin Capital

Short-Selling Hedge Funders Catch A Break From SEC — Again

For the second time in as many years, the Securities and Exchange Commission (SEC) — the agency dedicated to protecting everyday investors — has gifted Wall Street's elite short sellers a lengthy two-year extension.

Benzinga

Short Squeeze Figure Ken Griffin Eyes Ownership Stake In Miami Dolphins

Citadel CEO Ken Griffin in talks to acquire minority stake in Miami Dolphins, expanding sports ownership ventures

Zenger

Dumb Money review: A smart if flawed retelling of when regular people trolled Wall Street

The GameStop saga of early 2021 – in which Reddit users artificially inflated stock – is brought to the screen by stars including Paul Dano, Seth Rogen, Pete Davidson and America Ferrera

The Independent UK

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Michael Jordan is reportedly close to selling his NBA franchise to the hedge fund billionaire at the center of the WallStreetBets/GameStop saga

Jordan might sell the Charlotte Hornets to a consortium co-led by Gabe Plotkin, whose Melvin Capital lost big in the pandemic's meme-stock frenzy.

Fortune

Hedge Fund That Heavily Shorted GameStop Stock Is Winding Down For Good

Melvin Capital, the hedge fund at the center of the GameStop Corporation (NYSE: GME) short squeeze saga, will shut down, Reuters reported on Wednesday.

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