Senvest, Once a Top Performer, Struggles to Regain Its Status

Still, the fund has a history of posting dramatic increases coming out of bear markets, including the GFC.

Young man climbing red bars

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Senvest Master Fund was riding high back in 2021.

The long-bias hedge fund was a top performer, racking up a gain of more than 86 percent, thanks in large part to its fortuitous long position in GameStop, which unexpectedly became a favorite meme stock among the Reddit crowd who conspired a short squeeze that harmed many hedge fund managers.

Since

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