GameStop stock plunges as selling swamps Reddit-favoured bet | What’s the damage to Wall Street?

Technology analyst Carmi Levy and Yahoo's Shruti Shekar look at the GameStop saga as the stock plummeted, but not day traders caused significant damage to several Wall Street hedge funds.

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9 comments

  1. You have a typo … it should read

    “Wall Street admits it’s a gambling club for the 1% ONLY and cuts out the everyday person because the 1% realized if the poors pool their money they can beat the 1% and take the money for ourselves.”

  2. What you’re seeing is market manipulation. Everyone is still buying and holding. It’s supply and demand everyone.

    1. I’m a crypto miner. I build specialized computers that use processig power to solve complex algorithms to mine cryptocurrencies. Don’t buy Bitcoin, Biden is considering curtailing Bitcoin. Try other coins like Etherium.

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