Hedge fund billionaire Dan Loeb laments the victory of meme stocks: ‘Fundamental analysis is increasingly taking a back seat to monitoring daily option…
Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short selling a perilous endeavor. But that Loeb, who runs the hedge fund Third Point LLC, did so now is what’s interesting. The meme crowd, it turns out, is back at it again, driving up stocks and burning…
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