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