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Tag: stock market – NBC New York

Articles from the tag: stock market ....

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Tag: stock market – NBC Chicago

Articles from the tag: stock market ....

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Hulu's 'GameStopped' documentary details how at-home investors upended Wall Street

Her tale of boom and bust begins with a little boy.
It s interesting to watch stocks grow and watch them fall, said Jaydyn Carr, a fifth grader who made a 5,000% profit on stock in the video game retailer GameStop.
His mother bought him the stock as a Kwanzaa present before it rose in price so dramatically.
One of the biggest things you re going see here is how everybody got swept up in this, Jarvis said.
They were swept up in the big increase that Wall Street hedge funds were betting would fall. In the parlance of the financial world, they were short selling GameStop. ....

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How GameStop And Other "Meme" Stocks Became The Centerpiece Of A Stock Market Frenzy

If you have been paying any attention to the news over the past few weeks, you may have heard of the exponential rise and the equally dramatic drop in the share price of video game retailer GameStop (GME) and other "meme" stocks those favored by millennials like AMC Theaters. The two-week frenzy, which pitted individual amateur investors against seasoned professionals and resulted in a Congressional inquiry began rather innocently in an online community on Reddit. ....

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GameStop – NBC Bay Area

GameStop – NBC Bay Area
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