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The Hopes That Rose and Fell With GameStop
Fueled by amateur traders and online enthusiasm, the struggling retailer’s shares took investors on a ride like no other. For them, it ended in different ways, including apathy, defiance and regret.
Jacob Chalfant, a high school senior from Westfield, N.J., is still holding the shares he bought for $1,035. On Friday, they were worth $220.Credit.Bryan Anselm for The New York Times
Published Feb. 7, 2021Updated March 21, 2021
Some wanted to be on the front lines of a revolution. Some wanted to be rich. And by the end of a wild two-week ride where fortunes were made and lost, some just hoped they’d be able to pay their rent.