If you haven't been living alone on an island for the past month, you've no doubt heard about the wild situation with shares of GameStop (GME) stock. GameStop Corp. is a gaming merchandise seller that also offers consumer electronics and video game products. In early January, an online social media group of amateur investors coordinated their efforts and drove the share price of GME up 2,300 percent within a week. Wall Street firms, major banks, and several national governments were beside themselves with this demonstration of the power of ordinary, non-elite traders. What did it all mean, and what lessons…
Read More »If you haven't been living alone on an island for the past month, you've no doubt heard about the wild situation with shares of GameStop (GME) stock. GameStop Corp. is a gaming merchandise seller that also offers consumer electronics and video game products. In early January, an online social media group of amateur investors coordinated…
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