'Dumb money' is on GameStop, and it's beating Wall Street at its own game 28 Jan, 2021 01:10 AM 10 minutes to read A GameStop near Union Square in Manhattan. Investors fuelled by a forum on Reddit have pushed GameStop shares into the stratosphere, and crippled short sellers. Photo / Hiroko Masuike, New York Times A GameStop near Union Square in Manhattan. Investors fuelled by a forum on Reddit have pushed GameStop shares into the stratosphere, and crippled short sellers. Photo / Hiroko Masuike, New York Times New York Times By: Matt Phillips and Taylor Lorenz GameStop shares have soared 1,700 per cent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.