GameStop, Reddit and the Battle of Wall Street

GameStop, Reddit and the Battle of Wall Street

CBS News

Published

The titans of finance were shaken last week by a subculture of day traders on the internet, whose viral machinations caused the stock price of computer game retailer GameStop to skyrocket in a matter of days, costing hedge funds billions of dollars. Correspondent David Pogue breaks down this complex controversy and examines the anti-Wall Street culture that has prompted calls to revise stock trading rules.

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