WallstreetBets takes on Hedge funds-$AMC & $GME
Update: 2021-01-26
Description
Subreddit WallstreetBets has made international news after its army of followers took down billion dollar hedge funds in what is a literal "stock war" Stefannie and Jarod discuss how this group of retail traders was able to crush billion dollar companies and what this means for the future of trading. The SEC had to gets its hands involved with this mess, as millionaires cried their way to news outlets like CNNC and CNN calling for new market regulations. Anyone who made money from trading any of the shorted stocks in the past week, congratulations.
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