_wallstreetbets-on-gamestop-124-scitech-culture-199.jpg "Wallstreetbets On Gamestop | SciTech Culture 199 from http gamestop Video Screenshot Preview")
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⏲ Duration: 13 min 59 sec
✓ Published: 01-Feb-2021
✓ Published: 01-Feb-2021
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Courtesy: http://www.scitechculture.comnIn a classic David vs Goliath story for the internet age, big Wall Street hedge funds received a rude shock this week when a group of redditors bandied together to fight against the shorting of stock for fledging game retailer Gamestop, with the redditors coming out on top when their combined purchasing activity pushed the stock price to record highs which resulted in big losses by the hedge funds who shorted the stock expecting the price to drop. Steve an
Courtesy: http://www.scitechculture.comnIn a classic David vs Goliath story for the internet age, big Wall Street hedge funds received a rude shock this week when a group of redditors bandied together to fight against the shorting of stock for fledging game retailer Gamestop, with the redditors coming out on top when their combined purchasing activity pushed the stock price to record highs which resulted in big losses by the hedge funds who shorted the stock expecting the price to drop. Steve an
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