Citron still short GameStop shares, Andrew Left tells Reuters - InvestingChannel

Citron still short GameStop shares, Andrew Left tells Reuters

Andrew Left told Reuters that his firm Citron Research is still short shares of GameStop. Left shorted GameStop when it traded around $40 per share, and forecasted publicly that it would fall to $20, Svea Herbst-Bayliss of Reuters reports. “If I had never been involved in GameStop and came to this right now, would I still be short this stock? 100 percent. This is an old school, failing mall-based video retailer and investors can’t change the perception of that,” Left told Reuters. Shares of GameStop are up 47%, or $36.01, to $112.80 in afternoon trading. Left last week announced that he would stop publicly commenting on the company given threats to his family.