Description: GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.
Date: Jan 27, 2021
Questions for discussion:
- Why are shares of GameStop rising?
- How do hedge funds stand to lose?
- What does this experience illustrate about the stock market?
- Do you think this publicity is good for the market?