In GameStop saga unfolding on Wall Street, 2 Goliaths fall

In GameStop saga unfolding on Wall Street, 2 Goliaths fall

3 years ago
Anonymous $K6XgmDN5_o

https://apnews.com/0bfe08b10002e7bb334983948f53b6e4

In the David and Goliath saga surrounding the struggling retail chain GameStop, Goliath has fallen.

A pair of professional investment firms that placed big bets that money-losing video game retailer GameStop's stock will crash have largely abandoned their positions. The victors: an army of smaller investors who have been rallying on Reddit and elsewhere online to support GameStop's stock and beat back the professionals.