Smaller investors face down hedge funds, as GameStop soars

Smaller investors face down hedge funds, as GameStop soars

3 years ago
Anonymous $K6XgmDN5_o

https://apnews.com/039aa5ad00f4b22b4d48a5e5492c4bb5

NEW YORK (AP) — A head-scratching David and Goliath story is playing out on Wall Street over the stock price of a money-losing video game retailer.

An army of smaller-pocketed, optimistic investors is throwing dollars and buy orders at the stock of GameStop — in direct opposition to a group of wealthy investors who are counting on the stock price to plunge.