With a reported 1,700% increase in the GameStop stock(GME) since the start of the year as a result of the Reddit community r/wallstreetbets’s GameStop rally, hedge funds who have been shorting the stock have lost approximately $19 billion according to financial data service Ortex. GameStop is an American video game retailer founded in 1984 whichContinue reading “Retail Investors Crush Hedge Funds”
