Richard Mashaal

Richard Mashaal and Brian Gonic’s hedgefund Senvest Management LLC made $700 million in the WallStreetBets-fueled rally in GameStop Corp (NYSE: GME), the Wall Street Journal reported Wednesday.  What Happened: The two started buying the shares of the video game retailed in September and...

GameStop Corp (NYSE: GME) stock surged 5.89% in Tuesday’s after-market trading session. GME stock has risen 28% since last Wednesday, and its year-to-date gains are close to 88%. What Happened: On Tuesday, in a filing with the U.S. Securities and Exchange Commission, the...

Bloomberg Markets Magazine February edition reported that only 16 large hedge funds – those with more than $1 billion in assets – surpassed the Standard & Poor’s 500 index for the first 10 months of 2013. The S&P gained 25.3 percent, with dividends reinvested. Of the 16 hedge funds that...