Wednesday 27 January 2021

Explainer: How Retail Traders Squeezed Wall Street For Bets Against GameStop

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.

from Top Business News- News18.com https://ift.tt/3t5l239
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