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Michelle Chapman and Stan Choe Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it’s become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%. The funds serving the financial elite are starting to walk away in defeat. Big bets they made that GameStop’s stock would fall went wrong, leaving them facing billions of dollars in collective losses. All the wild action pushed GameStop’s stock as high as $380 on Wednesday, up from $18 just a few weeks ago. The stunning seizure of power gives some validation to smaller-pocketed investors, many of whom are encouraging each other on Reddit and are trading stocks for the first time thanks to brokerages offering free-trading apps. It’s also left more investors on Wall Street asking if the stock market is in a dangerous bubble about to pop, as AMC Entertainment, Bed Bath & Beyond and other downtrodden stocks suddenly soar as well. The S&P 500 s

United statesGabe plotkinExchange commissionBed bath beyondCitron researchFederal reserveAnalysts at bofa global researchWall streetBed bathAndrew leftBofa global researchFederal reserve chair jerome powellIn duel with small investors over gamestopBig funds blinkஒன்றுபட்டது மாநிலங்களில்கேப் பிலொட்கின்