GameStop mania is sweeping Capitol Hill, as legislators of both parties criticize … somebody … for … something …. about … short squeezing? Vigilante retail investors have driven shares of the troubled retailer GameStop (GME) to remarkable heights, for no apparent reason except exploding demand for the stock. Shares were up by more than 1,700% for the month as of Jan. 26, before falling back to a mere 1,100% gain a day later. This surge in demand has obliterated… Source link
Read More »Want a laugh? Ask Congress about GameStop
