A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.
from Top Business News- News18.com
Read The Rest:timesnownews...
from Top Business News- News18.com
Read The Rest:timesnownews...
Explainer: How Retail Traders Squeezed Wall Street For Bets Against GameStop
Reviewed by Team Exprssnews
on
January 27, 2021
Rating:
No comments: