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Reddit Is Running Wall Street

Reddit Is Running Wall Street

Axios Re:Cap

January 26, 202113m 6s

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Show Notes

Wall Street is locked in a battle of will between professional investors who live in Greenwich and amateur investors who congregate on Reddit. So far, the amateurs are winning, judging by increases in their chosen stocks, like GameStop and Bed, Bath & Beyond. Dan digs into what's really happening, the mechanics of stock "shorting" and what it means for the markets' future, with Axios chief financial correspondent Felix Salmon.