Behind the meme-stock revival is one small hedge fund #shorts #memestocks #memestock #markets
Bloomberg Television·2025-07-25 19:00
Hedge Fund Activity - EMJ Capital Management, a North Toronto-based hedge fund, is driving a rally in Open Door Technologies [1] - The hedge fund is a long-short fund and relatively small, managing a few million dollars [2][3] - The fund experienced a loss of funding in 2022 due to an anchor investor pulling out during the tech route [3] Stock Performance - Open Door Technologies, a digital real estate stock, saw a surge, preceding pops in other companies' shares [2] - Open Door shares were trading around a dollar over the past couple of months [3]