Back in January, social media was abuzz with talk of “memestocks,” Wall Street Bets, and GameStop. You couldn’t throw a stone into a socially-distanced supermarket without beaning an expert on Short Selling in the head, or knocking the tinfoil hat off a techno-populist CEO, or taking out vast swathes of fussy contrarians eager to pontificate on the regulatory capital requirements of commission-free investing apps. That said, while we recapped the whole story [https://42matters.com/blog/?p=how-g
How Wall Street Bets and GameStop Impacted the financial app market, including: Robinhood, Reddit, Coinbase, WeBull, Fidelity Investments, and Cash App. It’s hard to imagine anything topping the peculiarities of 2020, but 2021 is off to a hot start. The latest head-scratcher comes courtesy of GameStop, whose stock soared 400% [https://on.mktw.net/3J68Ru2] during an extremely volatile week of trading. In a stunning turn of events, the American video game, consumer electronics, and gaming me
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