With the Information, Resources and Opportunities Required to
Fight Evil. Avert Suffering. At Scale.

Tuesday, December 6, 2022

A year after GameStop, Wall Street is still scared of the power of retail traders – and is tracking them closely | Business Insider

Must Read

GameStop, a video-game retailer, was at the center of the controversy last year. Its price soared about 2,000 percent in a couple of days, which was bad news for those expecting the company to plummet. Traders were astonished by this since the values of apparently random unloved stocks were increasing by hundreds of percent for no apparent reason. The massive run-ups were ultimately shown to be the work of retail traders. A year later, Wall Street is still suspicious of ordinary traders’ ability to move markets in an instant. However, it has adapted to the new reality, and many professional traders are even mimicking the actions of amateur investors.

Source: https://markets.businessinsider.com/news/stocks/gamestop-year-retail-trading-wall-street-hedge-funds-sentifi-ubs-2022-1


Please enter your comment!
Please enter your name here

Latest News

Special Operations Forces soldier describes battle for village in south of Ukraine | Ukrainska Pravda

Special Operations Forces (SOF) have revealed how they freed a village in the south of Ukraine.  In an interview with...

More Articles Like This