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GameStop’s stock is up 1,700 percent as millions of small investors, fueled by social media, use classic Wall Street tactics to pressure Wall Street.
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A legion of young people – mostly men – have been pouring into the digital trading floors for years, growing up on social media and eager to educate themselves about stocks. These are the misfits that are shaking up Wall Street.
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It was a weird time in the stock market, where a video game store suddenly became the center of attention. Here are four things to know about the GameStop madness.
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