Shorts, Options, and Memes: How Redditors Cost Hedge Funds Billions

Written by andrew-rossow | Published 2021/02/11
Tech Story Tags: reddit | wall-street | gamestop | robinhood | melvin-capital | finance | technology | investing | web-monetization

TLDRIn January 2021, GameStop (GME) stock rose from $18 to a peak of $483. GME stock was chosen by anonymous users on Reddit to punish billion-dollar hedge funds.via the TL;DR App
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Written by andrew-rossow | TBD
Published by HackerNoon on 2021/02/11
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