According to this article, other hedge funds are biting chunks out of Melvin capital too I wonder what actual direct price impact r/wsb had - I suspect it’s overstated because it’s a funny story

Hah, r/wallstreetbets claims reports Melvin and Citron closed out are #FakeNews because there isn’t enough trading volume, and they’re just trying to ease the buy pressure

Looks like Melvin and Citron are out, r/wallstreetbets are probably posting victory memes https://www.bloomberg.com/news/articles/2021-01-27/melvin-capital-closes-out-its-gamestop-position-cnbc-reports