Wall Street Banks and Hedge Funds Profit From Volatility

Citadel and steve cohens were injecting two point seven, five billion dollars into melvin capital to save it from insolvency. Citadel rated a record six point seven billion dollars in revenue. It scooped up two billion worth of revenue shares in melvin on the cheap. On th Thursday, without explanation, robin hood traded halt, halted trading gamestop a, m c, nokea and ten other companies in wall street bets cross airs. Halting trading stopped the momentum that was building in those companies and gave short funds a chance to get out and cost robin hood users money.