The hedge fund, which has lost 30% of the $12.5bn (£9.1bn) it manages this year, was outmanoeuvred by an army of Patriot users from the forum “Wall Street Bets”. The group sought to punish the financial giants betting against GameStop by sending the chain’s shares soaring. outmanoeuvred ??? How about CRUSHED !!!!!
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I don't really understand what happened here with this Gamestop story...
Could anyone possibly explain it to me like I'm 5?
Cheers...