The Hedge Fund that made US $ 700 M on GameStop knew it was Time to Sell

One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked.⁠
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The sell signal it used? An Elon Musk tweet.⁠
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That’s how 2021′s top-performing hedge fund Senvest Management was able to notch $700 million in profit from GameStop and bring its annual return to over 85%. The trade was the firm’s single best in its 25 years in existence.