Reason: None provided.
Hedge fund people shorted Game Stop stock. This means that they were betting on Game Stop stock going down, doing poorly.
Instead, a bunch of Redditors from WSBets decided to buy a bunch of Game Stop stock, driving the prices up.
These hedge fund people stand to lose billions if that stock price doesn’t go down like they bet on.
24 days ago
3 score
Reason: Original
Hedge fund people shorted Game Stop stock. This means that they were betting on Game Stop stock going down, doing poorly.
Instead, a bunch of Redditors from WSBets decided to buy a bunch of Game Stop stock, driving the prices up.
These hedge fund people stand to lose billions of that stock price doesn’t go down like they bet on.
24 days ago
1 score