@jeromebyron
Retail investors Battle Wall Street: Eat the rich: The Gamestop Saga
Nice! Tell the story of the sharp increase in the share price of game retailer GameStop GME in early 2021: A group of retail investors collectively pushed up the share price of GME in the Reddit group wsb to fight against hedge funds.
This storm involves speculation, market manipulation and reflection on the regulation of financial markets. It highlights the impact of the emerging retail investor power on institutions. Robinhood was a key trading platform in the incident. The platform restricted some stock trading, including GME, for a period of time. Some investors believe that this is a restriction on market fairness