About This Source - Financial Times
The Financial Times (FT) is an English-language international daily newspaper that has a special emphasis on business and economic news. It is headquartered in London, England, and is owned by Japanese company Nikkei, Inc.. The newspaper was founded in London in 1888 by James Sheridan and Horatio Bottomley.
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Financial Times published this video item, entitled “GameStop short squeeze: how Reddit traders took on Wall Street I FT Film” – below is their description.
An army of retail investors gathered on Reddit’s WallStreetBets forum to take on short-selling hedge funds and send shares in video game retailer GameStop, and several other ‘meme stocks’ on a rollercoaster ride. This film explains how the short squeeze unfolded, led by the retail investors on WallStreetBets, with ‘diamond hands’, what it means for hedge funds and short-selling and what happens next. Read more at https://on.ft.com/3cmg6AB
#gamestop #wallstreetbets #reddit
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In This Story: GameStop
GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.
6 Recent Items: GameStop
In This Story: Reddit
Reddit is a social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members.