12 minutes | Feb 3, 2021

Lessons Learned From Hedge Fund and Reddit Greed

Why Brokers Had To Restrain Trading in GameStop Shares Users of the Reddit forum “r/wallstreetbets” encouraged individuals to bid up Gamestop’s (GME) and AMC’s stock price. Their actions caused a short squeeze on hedge funds who lost more than one billion in a single day. A short squeeze is when a heavily shorted stock suddenly […] The post Lessons Learned From Hedge Fund and Reddit Greed appeared first on Intelligent Investing.
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