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3232Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
https://www.digit.info/massive-gamestop-short-squeeze-highlights-the-fragility-of-todays-financial-system/
Wed, 27 Jan 2021 20:30:41 +0000https://www.digit.info/2021/01/27/massive-gamestop-short-squeeze-highlights-the-fragility-of-todays-financial-system/Read more]]>The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s stock. However, members of the Reddit forum called […]
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s stock. However, members of the Reddit forum called […]