GameStop saga shows ‘we don’t have enough people who can go short,’ finance expert says

The battle between amateur investors and the financial establishment has transfixed Wall Street and Washington this week around GameStop (GME), which has seen its stock price swing wildly and had trading of its stock restricted by online brokerage Robinhood.

Other than Robinhood itself, perhaps the one thing less popular in Washington this week has been short sellers and the hedge funds that usually employ them, which had, until recently, been making money by betting against the struggling…


Source link

About search

Check Also

Stock Traders 'Take a Step Back' After Winning Run: Markets Wrap – Yahoo Finance

Stock Traders 'Take a Step Back' After Winning Run: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]Stock Traders ‘Take a Step Back’ After Winning Run: Markets Wrap  Yahoo …

Leave a Reply

Your email address will not be published. Required fields are marked *