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How billionaire Bill Gross U-turned and made $10m shorting GameStop

The co-founder of Pimco said that he is still short of the US retailer's stock

Bill Gross
Bill Gross Photo: Getty Images

Co-founder of Pimco Bill Gross made $10m shorting GameStop stocks – and is still short of the US retailer’s stock.

“I did manage to overcome my insecurities and hold on and ride it all the way back down in terms of getting out,” billionaire Gross told Bloomberg on 16 March.

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