Who’s the next GameStop? These are the 10 most shorted stocks ...Middle East

Quartz - Economy

Short selling is a trading strategy based on speculation that a company’s stock will drop in price. If shares rise instead, the investors are forced to buy the shares, which drives their prices still higher in a development called a short squeezeGameStop, a struggling mall-based retailer of video games, has been an attractive target for short sellers, but the stock has been rallying point for retail investors on Reddit, and its share prices have shot up as the short investors have been squeezed. After the closing bell today, GameStop’s market value was $13.5 billion or about the same value as the New York Giants, the Dallas Cowboys, and the New England Patriots, the three most valuable Natio

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Last updated : 29 January 2021 clock 03:00 AM

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Who’s the next GameStop? These are the 10 most shorted stocks ...Middle East

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