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Over the last week the subreddit WallStreetBets has been making waves in the stock industry, pushing up the values of companies like GameStop and Blackberry. These amateur traders seem to have outwitted and confused the professionals – earning millions in the process. In this video we break down the story and explain how Redditors broke the stock industry.
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1 – https://www.globenewswire.com/news-release/2021/01/11/2156168/0/en/GameStop-Announces-Additional-Board-Refreshment-to-Accelerate-Transformation.html
2 – https://thecollective.money management/2020/10/gamestop-gme-a-squeeze-to-44-from-14-can-be-justified-fundamentally-100-of-the-shares-are-short-watch-out/
3 – https://arstechnica.com/gaming/2020/10/microsoft-will-give-gamestop-a-share-of-xboxs-digital-revenues/
4 – https://www.reddit.com/r/wallstreetbets/comments/kwb827/gme_endgame_dtc_infinity/
5 – https://www.ft.com/content/0a58b63a-4294-3e07-8390-c3aabef39a26
6 – https://www.bloomberg.com/news/articles/2021-01-25/gamestop-short-sellers-reload-bearish-bets-after-6-billion-loss
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