Citron exits short position on GME, indicating positive growth in stock value

From Cointelegraph: 2024-06-12 08:18:14

The announcement comes shortly after GME stock rose above the $30 mark. This news signifies a significant increase in GameStop’s stock value, showing positive growth in the market. The rise above $30 demonstrates a newfound interest and investment in the company’s stocks. Investors are likely pleased with this development.

Read more at Cointelegraph: Citron no longer short on GME, cites ‘market’s irrationality’