ILLUMINATION
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ILLUMINATION

Is the GameStop Short Squeeze Driven by Anger or Nostalgia?

Or is it a mix of both?

Photo by Blogging Guide on Unsplash

A lot has been written about the group of small investors who encouraged each other on Reddit to run up the price of GameStop (GME) after realizing that hedge funds were “shorting” the stock (betting it would go down in value). As Alex Kirshnir explained in a recent Slate article,

Whether for profit or ideological…

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