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The GameStop Rebellion – The New York Times

https://www.nytimes.com/2021/02/01/podcasts/the-daily/gamestop-stock-robinhood-reddit.html

  • GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze on Wall Street.

  • A legion of young people — primarily male — have been pouring into digital trading floors for years, raised on social media and eager to teach themselves about stocks. These are the misfits shaking up Wall Street.

  • It has been a weird time in the stock market, where a video game retailer has suddenly become the center of attention. Here are four things you need to know about the GameStop insanity.

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Taylor Lorenz and Andrew Ross Sorkin contributed reporting.

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