Wall Street gets owned by Reddit. Ana Kasparian and John Iadarola discuss on The Young Turks. Support TYT by becoming a member:
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“Shares of a handful of firms such as GameStop Corp. and BlackBerry Ltd. have posted triple-digit gains in recent weeks, part of a frenzy whipped up by individual investors. Here’s what you need to know.
Shares of GameStop are up more than sevenfold in 2021, compared with a 2.5% rise in the S&P 500. The Grapevine, Texas, videogames retailer has become a favorite of online traders who invest in companies championed on the Reddit forum WallStreetBets.”*
Hosts: Ana Kasparian, John Iadarola
Cast: Ana Kasparian, John Iadarola
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210127__TA01_Reddit_Takedown
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