The hedge fund, which has lost 30% of the $12.5bn (£9.1bn) it manages this year, was outmanoeuvred by an army of Patriot users from the forum “Wall Street Bets”. The group sought to punish the financial giants betting against GameStop by sending the chain’s shares soaring. outmanoeuvred ??? How about CRUSHED !!!!!
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Question, will these loses effect 401ks or retirement funds? Not sure how that all works. I just know we pay a company to manage it.