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Steve Cohen Leaves Twitter After Threats To Family Amid GameStop Stock Debacle

Whether he asked for it or not, New York Mets owner Steve Cohen ended up as the face of the hedge funds in the billionaires vs Reddit boys stock market back and forth this week. If you’re not familiar, a Reddit group titled “wallstreetbets” drove up the price of GameStop and other unlikely stocks.

When a company Steve Cohen was involved with tried to short the stock and lost a bunch of money, he paid for the bailout. Popular stock trading app Robinhood and other companies ended up taking down GameStop and the other stocks being driven up by the reddit users, which ticked off a lot of people. After that, Cohen was attacked on Twitter by Barstool Sports’s Dave Portnoy along with many other people.

Now, Cohen has decided to take down his Twitter account altogether.

“I’ve really enjoyed the back and forth with Mets fans on Twitter which was unfortunately overtaken this week by misinformation unrelated to the Mets that led to our family getting personal threats,” Cohen said in a statement on Saturday.

“So I’m going to take a break for now. We have other ways to listen to your suggestions and remain committed to doing that,” he said.
There’s no doubt this has been one of the craziest weeks in stock market history with the average joes squaring up with the hedge fund managers. I’m sure everything will get back to normal in no time. In these types of things, money always wins.
RIP to Steve Cohen’s Twitter…it was a good run. Hopefully his tenure owning the New York Mets goes better than his last week in the market.

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