The GameStop bubble isn’t a revolt against Wall Street ...Middle East

Quartz - Economy
The GameStop bubble isn’t a revolt against Wall Street
The GameStop short squeeze has been described as a revolt against financial capitalism, or the realization of Occupy Wall Street. This is like calling the movie Air Bud a critique of basketball because a golden retriever proved surprisingly good at the game.That an investing influencer under the moniker DeepFuckingValue collaborated with like-minded speculators on Reddit forums to identify an arbitrage and put the squeeze on ostensibly sophisticated hedge funds is nothing short of impressive—and a testament to the accessibility of the markets. Some big players saw real losses, but so far the markets have not crashed, and the financial industry is not shook.Indeed, some of the biggest profite

Hence then, the article about the gamestop bubble isn t a revolt against wall street was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The GameStop bubble isn’t a revolt against Wall Street )

Apple Storegoogle play

Last updated :

Also on site :



Latest News