The GameStop stock saga, explained
Shares of the video game retailer GameStop soared by 1,000 per cent in less than two weeks, thanks in part to a popular subreddit called r/WallStreetBets. This, at the expense of several Wall Street investment funds that bet against GameStop and lost billions of dollars. Today on Front Burner, business reporter Pete Evans is here to explain the GameStop saga, and what it reveals about the stock market writ large.
Front Burner · CBC
January 29, 202128m 24sExplicit
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Show Notes
Shares of the video game retailer GameStop soared by 1,000 per cent in less than two weeks, thanks in part to a popular subreddit called r/WallStreetBets. This, at the expense of several Wall Street investment funds that bet against GameStop and lost billions of dollars.
Today on Front Burner, business reporter Pete Evans is here to explain the GameStop saga, and what it reveals about the stock market writ large.