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Have Reddit users won the Wall Street fight against Gamestop?
If you’re confused with terms like “short squeeze” and “pump and dump” – think of it as the massive madness of the stock market game and pitting amateur traders against Wall Street professionals. (Subscribe:
Reddit social media users managed to make the loss of a video game store called GameStop more expensive. It has left hedge fund lenders, who were essentially betting against the company’s success, facing a $ 1 billion loss. ———————– Follow us on Instagram – https://www.instagram.com/Channel4News .
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