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Commentary: GameStop and how WallStreetBets may disrupt financial markets permanently

Commentary: GameStop and how WallStreetBets may disrupt financial markets permanently Toggle share menu Advertisement Commentary: GameStop and how WallStreetBets may disrupt financial markets permanently It is easy to dismiss retail investors as uneducated masses who will lose the shirts on their backs but users on forums like WallStreetBets are reshaping financial markets, says a marketing professor. The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. (Photo: REUTERS/Dado Ruvic/Illustration) 06 Feb 2021 06:10AM) Share this content Bookmark MONTREAL, Canada: If the financial world follows the pattern seen a decade or so ago in other markets, such as fashion and music, Reddit’s WallStreetBets (r/wallstreetbets) phenomenon might have transformed investing forever.

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WallStreetBets is disrupting financial markets - possibly permanently

WallStreetBets is disrupting financial markets - possibly permanently
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GameStop; What Happens Next For Wall Street And The Redditors?

We missed you too. Sign up to our newsletter, and follow us on Instagram and Twitter, so you always know where to find us. GameStop has been the biggest story on the internet in the past week. weird but also totally cathartic story. So what actually happened? And what is the GameStop legacy – have any wider implications come with this story? The GameStop Sh tstorm GameStop is literally just a video game and electronics retail chain in the US. The share price of GameStop was (reasonably) predicted to fall because frankly a physical store selling games doesn’t really have the best chances for survival.

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Small Oil Firm Gets Massive Wall Street Bets Bump

An oil company producing the equivalent of 70 barrels of oil daily surged in value almost 1,000 percent to $128 million thanks to a surge in trading activity coming from retail traders

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Wall Street Madness and Unintended Consequences

Wall Street Madness and Unintended Consequences Share E-mail You just couldn’t make this up if you tried. That was the consolation prize most of us took from 2020 to 2021: no matter what happens in this still young year, at least we are all immune to shocks. But as is often the case, when we think we have seen everything, we get to see something new. GameStop was something new this week. More specifically, the unlikely and spectacular rise in the stock price – which, at the time of writing, was approximately $ 336 per share. How it got there is hardly a story of great strategy or inspiring individual endeavors. In fact, nothing major has changed in the past year about GameStop, a video game store in Grapevine, Texas with its headquarters in malls nationwide.

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