What the heck just happened on Wall Street?
The investors came from Reddit. They came in droves. They bought GameStop stock and sent it soaring. They cost massive hedge funds hundreds of millions of dollars. They sent shockwaves through the markets. Now a full-fledged mania is underway, with several other stocks in play as well. How did all this happen? Is it a fluke? A new strategy that will change the game? Will the people who have the power on Wall Street take steps to shut it down? And what happens if and when these bubbles burst?
Audio is streamed directly from the publisher (rogers.simplecastaudio.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The investors came from Reddit. They came in droves. They bought GameStop stock and sent it soaring. They cost massive hedge funds hundreds of millions of dollars. They sent shockwaves through the markets. Now a full-fledged mania is underway, with several other stocks in play as well.
How did all this happen? Is it a fluke? A new strategy that will change the game? Will the people who have the power on Wall Street take steps to shut it down? And what happens if and when these bubbles burst?
GUEST: Mike Eppel, Sr. Business Editor, 680 News, CityNews
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:
Through email at [email protected]
Or @thebigstory.bsky.social on Bluesky