Explainer: How retail traders squeezed Wall Street for bets against GameStop

Explainer: How retail traders squeezed Wall Street for bets against GameStop

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-retail-trading-gamestop-explainer/explainer-how-retail-traders-squeezed-wall-street-for-bets-against-gamestop-idUSKBN29W2NC

A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.

Last Seen
about an hour ago
Reputation
0
Spam
0.000