Shares of GameStop more than doubled on Wednesday, forcing hedge funds to take heavy losses as they unloaded bets the stock would fall, as message boards aimed at amateur investors continued to hype the stock.
Conway G.
Gittens has the story.
Shares of GameStop more than doubled on Wednesday, forcing hedge funds to take heavy losses as they unloaded bets the stock would fall, as message boards aimed at amateur investors continued to hype the stock.
Conway G.
Gittens has the story.
Some of Wall Street’s biggest players are crying foul after amateur investors rallied behind GameStop, losing hedge funds..
Recent stock market developments, involving online communities of amateur investors working to thwart Wall Street hedge funds,..