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net worth of Gabe Plotkin

Melvin Capital Says It Was Short GameStop from 2014

Melvin Capital Organization had been gambling against GameStop Corp. GME -2.78% since 2014 plus still trusts online videogame downloads would overtake the trader’s business model, the hedge fund’s creator said in an advance copy of his congressional testament made public Wednesday. Gabe Plotkin’s Melvin Capital lost additional than 50% on its funds in January as losses piled up from its short gambles …