SNY apologizes for Steve Cohen’s GameStop tweet from his Mets



[ad_1]

The Mets TV house apologized on Sunday after it “shed light on the harassment,” Mets owner Steve Cohen said his family had been confronted because of the stock market war.

SNY tweeted an image that poked fun at Cohen’s deactivation of his Twitter account, which the 64-year-old hedge fund mogul said he did after receiving “personal threats.”

A screenshot of the SNY tweet about Steve Cohen
A screenshot of the SNY tweet about Steve Cohen
Twitter

“We apologize for the error in judgment,” said SNY, who is still in the Wilpon family, as she was not part of Cohen’s $ 2.4 billion purchase of the team in September.

Small investors rallied online last week to inflict massive losses on short-selling hedge funds

Cohen’s Point72 asset management got caught up in market turmoil when it invested $ 750 million in Melvin Capital, which was hit hard by the short-squeeze.

Online investors then claimed, without evidence, that Cohen and other investment groups pushed investment platform Robinhood to impose restrictions on GameStop transactions, to help offset losses.

“I really enjoyed the back and forth with Mets fans on Twitter who were sadly overwhelmed this week by unrelated misinformation that led to our family receiving personal threats,” Cohen said in a commentary. communicated after having deactivated his account on Friday evening.

“So I’m going to take a break for now. We have other ways to listen to your suggestions and we are committed to doing so. I love our team, this community and our fans, who are the best in baseball. In the end, this week’s events in no way affect our resources and our willingness to put a Championship team on the pitch. “

[ad_2]

Source link