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Bloomberg Businessweek Weekend: June 7th, 2024

Bloomberg Businessweek

Resurgence of GameStop and Evolution of Retail Trading

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This chapter delves into the resurgence of GameStop shares and Keith Gill's role, reflecting on the lasting influence of meme stocks and the continued active participation of retail traders in the market. It explores the evolution of retail trading beyond meme stocks to include electric cars, AI plays, and other investments, showcasing the adaptability and resilience of retail traders. The discussion also covers the culture of Wall Street Bets, the interwoven relationships with 4chan and the alt-right, and the changing dynamics in investing influenced by online communities and demographics.

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