LOL: See Who Has Just Lost 500 Million Shorting Gamestop Stock...
Everyone knows how this ultimately played out. Unfortunately, Michael Jordan took on Plotkin at an unfortunate time, ultimately decreasing Jordan’s net worth from 2.1 Billion to a ‘measly’ 1.6 Billion. Ultimately, Jordan still makes hundreds of millions a year, and he will be fine, but that doesn’t stop r/Wallstreetbets from taking their digs.
One Redditor u/electricwagon made the clever quip “Being a bear doesn’t really suit a bull”.
Gamestop is currently trading at the 150 level after dropping nearly 20% due to an uneventful earnings. Who really knows what the latest development is, but this story sure is fun to follow...
Our latest stories...