GameStop's business brisk amid stock price madness, Wall Street hedge fund closures [The Philadelphia Inquirer]
GameStop’s business brisk amid stock price madness, Wall Street hedge fund closures [The Philadelphia Inquirer] Jan. 29—For the last 2 1/2 weeks, a band of small investors has been bidding up GameStop shares in a bid to punish the hedge fund titans who had bet on the retailer’s demise. The effort was shockingly successful: The stock rose more than 17 times by the market’s close on Wednesday. But that support began to crumble Thursday as such brokerages as TD Ameritrade, Charles Schwab,...
Source: dailyrepublic.com