GameStop, Robinhood, & Reddit
CaseInterview.com
FEBRUARY 4, 2021
In US business news, the story of the week is day traders on the Robinhood stock trading app organizing stock trades via Reddit, a social media platform, to buy shares in the public company GameStop, all to make money while taking down Wall Street billionaires and their hedge funds. They have to buy the shares on the open market.
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