Did Reddit Do a Harshad Mehta? Indians Find Scam Connection to GameStop Stock Surge
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Did Reddit just do a Harshad Mehta?
GameStop’s stock fiasco has left the entire world in a tizzy. While most are still trying to wrap their heads around what actually unfolded in the past few days, desis are likening the event to 1992 s Indian stock market scam that involved the infamous stockbroker Harshad Mehta.
GameStop, a struggling video game retailer’s stock has been making stupefying moves this month, wild enough to raise concerns from professional investors on Wall Street to the hallways of regulators and the White House in Washington.