Home Hedge Funds What’s the Link Between Top-Earning Hedge Fund Citadel and GameStop Stock?

What’s the Link Between Top-Earning Hedge Fund Citadel and GameStop Stock?

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  • 2022 was phenomenal for Citadel’s flagship hedge funds, which posted a record annual profit of $16 billion and outperformed all hedge fund peers.
  • In January 2021, Citadel was involved in GameStop‘s massive short squeeze and has been the target of criticism from retail investors ever since.
  • Last year, Citadel’s Ken Griffin said in an interview that the decline of speculative assets like meme stocks, cryptocurrencies, and NFTs is healthy for the economy.
Figure 1: What's the Link Between Top-Earning Hedge Fund Citadel and GameStop Stock?

Figure 1: What’s the Link Between Top-Earning Hedge Fund Citadel and GameStop Stock?

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