'Is it Money You Can Lose?' FAU Professor On GameStop, Reddi

'Is it Money You Can Lose?' FAU Professor On GameStop, Reddit And The Stock Market


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In an ongoing fight between amateur investors and Wall Street hedge funds, hedge funds got the upper hand this week. Florida Atlantic University professor Rainford Knight explains the stock market drama connecting Reddit users, institutional investors — and potentially Congress.
In an ongoing fight between thousands of amateur investors and large Wall Street hedge funds, hedge funds started to get the upper hand this week. Thousands of users on a subgroup — also known as a subreddit — of the online forum Reddit have been investing money into stocks like GameStop and AMC Entertainment in a coordinated effort.
Meanwhile, institutional investors are betting against the success of these stocks through a process known as short selling.

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