By Ben Broadwater Let’s get right to it…what is going on with GameStop? Unless you’re living under a rock, you’ve probably heard about the most recent stock market news surrounding GameStop. You might even know that it has to do with short squeezes or Reddit.
The main gist is that large hedge funds and other big dollar investors were bearish on GameStop (NYSE:GME), because they thought it was going out of business. So to make money off of that, they bet against or shorted GameStop. But now in comes the “new” investment crowd to flip the script. Millions of new young investors that have …read more
