Wall St vs Main St fight quashes hedge funds as GameStop extends rally

Wall St vs Main St fight quashes hedge funds as GameStop extends rally

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-gamestop-hot/wall-st-vs-main-st-fight-quashes-hedge-funds-as-gamestop-extends-rally-idUSKBN29W131

Retail traders chalked one up versus Wall Street on Wednesday as hedge funds took heavy losses on short positions in GameStop, and regulators and financial professionals called for more scrutiny of trading fueled by anonymous social media posts.