Wall Street Bashers Wrong About GameStop; What The SEC Should Do
Philly.com
Who won?
By the end of last week, you could buy a share of GameStop successor to Philadelphia’s old Electronics Boutique digital-games store chain for $64, a fat discount from the $300-plus you would have needed on Jan. 27.
Late last month, politicians from U.S. Sen. Josh Hawley, R-Mo., to U.S. Rep. Alexandria Ocasio Cortez, D-N.Y., were bashing “Wall Street” and demanding the federal government investigate why small investors weren’t all able to buy more GameStop while it was worth hundreds of dollars a share after rising from under $20 in early January.