Carl Icahn shorting GameStop, report says

Billionaire investor Carl Icahn is shorting video game retailer and meme stock darling GameStop Corp. , Bloomberg reports. Citing people familiar with the matter, Bloomberg reports that Icahn began shorting GameStop in January 2021, around the height of the meme stock frenzy, and still holds a large position. GameStop’s stock rose 2.1% before opening bell on Tuesday. The stock has fallen 32.2% this year, outpacing the S&P 500 Index’s decline of 17.1%.

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