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16min chapter
The GameStop Guy Has Returned… (And Has A New $210M Bet)
My First Million
GameStop Stock Trading Frenzy and the Rise of Individual Traders
The chapter delves into the GameStop stock trading frenzy involving retail investors challenging hedge funds, controversies around halting buying but allowing selling, and the shift in trust towards platforms like Robinhood. It discusses how a particular individual is leveraging his popularity to engage with his audience through stock picks, his impact on stock prices via social media, and the potential legal implications of his actions. The narrative also explores the involvement and strategies of individuals like Ryan Cohen in GameStop and Bed Bath & Beyond as activist investors, highlighting their influence on stock movements and the finance world.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode