'The fish got away': Young traders see GameStop profits evaporate
Advertisement Some wanted to be on the front lines of a revolution. Some wanted to be rich. And by the end of a wild two-week ride where fortunes were made and lost, some just hoped they would be able to pay their rent. Winners and losers are made every day on Wall Street. And for a while, the unlikely trading boom around the stock of beleaguered video game retailer GameStop put the little guy on top. Breathtaking fortunes appeared overnight. Shaun Daumer saw his enormous profit dwindle before he sold out. Credit:Bryan Anselm/The New York Times But they disappeared almost as quickly.
Source: brisbanetimes.com.au