How GameStop found itself at the center of a groundbreaking battle between Wall Street and small investors

How GameStop found itself at the center of a groundbreaking battle between Wall Street and small investors

3 years ago
Anonymous $K6XgmDN5_o

https://www.theguardian.com/business/2021/jan/27/gamestop-stock-market-retail-wall-street

The video game retailer has become one of the hottest stocks this year in a tale that illustrates the changing face of investing

The coronavirus pandemic hit GameStop hard. Like many retailers, already suffering from the shift to online sales, the video games chain is losing money and plans to close 450 stores this year. And yet, surprisingly, GameStop has become one the hottest stocks of the year.