Social Capital co-founder and CEO Chamath Palihapitiya has made a name for himself identifying excellent high-growth companies and taking them public using special purpose acquisition companies (SPACs).
Now, the noted investor is looking to profit from the recent gyrations of GameStop (NYSE: GME) stock. In a post on Twitter (NYSE: TWTR) Tuesday, Palihapitiya said, "Lots of [GameStop] talk, soooooo .... We bought Feb $115 calls on [GameStop] this morning. Let's gooooooo!!!!!!!!"
Image source: Getty Images.
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Chamath Palihapitiya Jumps on the GameStop Bandwagon