Deep Background with Noah Feldman cover image

GameStop Is Just The Beginning

Deep Background with Noah Feldman

CHAPTER

The Rise of Retail Trading and the GameStop Short Squeeze

This chapter explains the events surrounding the GameStop stock and the rise of retail trading, including the role of Reddit and online brokerages. It discusses the concept of short selling and how Reddit users collectively drove up GameStop's price, causing short sellers to cover their positions. The chapter also analyzes the impact of the GameStop short squeeze on the financial system and questions its potential long-term effects.

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