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“#This short seller just got a $2.75 billion bailout” Hedge fund giants Steve Cohen and Ken Griffin are joining forces to bail out a fellow trader whose positions in runaway stocks like GameStop have been getting hammered. Griffin’s Citadel and Cohen’s Point72 Asset Management are investing a combined $2.75 billion into Melvin Capital Management, which…
“#New Mets owner Steve Cohen pocketed $1.6B in 2020” Mets fans will be pleased to learn that Steve Cohen hit it out of the park last year. The billionaire investor’s hedge fund Point72 Asset Management returned double digit gains of around 17 percent in 2020, according to an investor. Cohen’s personal take on that haul…