BizBeat Ep.46: Was booming market, rising poverty behind GameStop chaos?

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  • CGTN published this video item, entitled “BizBeat Ep.46: Was booming market, rising poverty behind GameStop chaos?” – below is their description.

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    A virtual congressional hearing entitled “Game Stopped? Who wins and loses when short sellers, social media and retail investors collide” has convened. Should hedge #funds and short selling exist? Who won and who lost? Will “Occupy #WallStreet” resolve fundamental problems? CGTN anchor Kate Kui has three key questions to ask. #Business

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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.

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