Monday August 23, 2021 9:33AM
Ken Griffin’s Citadel LLC and Citadel partners are planning to redeem roughly $500m of the $2bn they put in Melvin Capital Management after Melvin got slammed by bad short bets on GameStop and other soaring stocks, said people familiar with the matter.
Submitted August 23, 2021 at 09:39AM by NineteenSixtySix https://ift.tt/3gpkEb1