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Battle between small investors and hedge funds continues as market stumbles
News 12 Staff
Updated on:Jan 29, 2021, 11:11pm EST
It was another wild day on Wall Street where stocks posted
their biggest monthly loss since October.
Part of the problem is the sudden instability caused by the
battle between an army of small investors and large hedge funds that s inflated
the price of GameStop – a company most agree is on borrowed time.
News 12 Connecticut s Caren Pinto spoke with Osman Kilic, a
professor and chair of finance at Quinnipiac University, about what it all
means for the market going forward.