{"id":16568,"date":"2022-01-29T00:00:00","date_gmt":"2022-01-28T21:00:00","guid":{"rendered":"https:\/\/albayanmagazine.com\/the-hedge-fund-that-made-us-700-m-on-gamestop-knew-it-was-time-to-sell\/"},"modified":"2022-01-29T00:00:00","modified_gmt":"2022-01-28T21:00:00","slug":"the-hedge-fund-that-made-us-700-m-on-gamestop-knew-it-was-time-to-sell","status":"publish","type":"post","link":"https:\/\/albayanmagazine.com\/en\/the-hedge-fund-that-made-us-700-m-on-gamestop-knew-it-was-time-to-sell\/?lang=en","title":{"rendered":"The Hedge Fund that made US $ 700 M on GameStop knew it was Time to Sell"},"content":{"rendered":"<p>One hedge fund got the GameStop trade just about perfectly right last year \u2014 buying it under $10 and selling when the meme stock peaked.\u2060<br \/>\n\u2060<br \/>\nThe sell signal it used? An Elon Musk tweet.\u2060<br \/>\n\u2060<br \/>\nThat\u2019s how 2021\u2032s 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\u2019s single best in its 25 years in existence.<\/p>","protected":false},"excerpt":{"rendered":"<p>One hedge fund got the GameStop trade just about perfectly right last year \u2014 buying it under $10 and selling when the meme stock peaked.\u2060 \u2060 The sell signal it used? An Elon Musk tweet.\u2060 \u2060 That\u2019s how 2021\u2032s top-performing hedge fund Senvest Management was able to notch $700 million in profit from GameStop and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16556,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[38],"tags":[585,586],"class_list":["post-16568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-38","tag-gamestop","tag-hedge-fund"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts\/16568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/comments?post=16568"}],"version-history":[{"count":0,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/posts\/16568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/media\/16556"}],"wp:attachment":[{"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/media?parent=16568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/categories?post=16568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/albayanmagazine.com\/en\/wp-json\/wp\/v2\/tags?post=16568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}