GameStop Hurts Short Sellers While Archegos Hurts Investment Banks
The Young Investors Podcast
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The Short Squeeze Drives the Stock Price Up Like Crazy
Short sellers, who profit when the stock price goes down, were really bedding against gamestop. The short squeeze drives the stock price up like crazy. Now it gives gamestop this opportunity where they can try and sneakily raise some money without diluting their shareholders too much. It's kind of an interesting case study because it does give you an insight into how the share market can impact businesses.
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