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GameStop-Robinhood revolution: Stock frenzy echoes anti-establishment anger behind Trump s rise, analysts say Michael Collins, Jessica Guynn and Sarah Elbeshbishi, USA TODAY GameStop-Robinhood stock revolution: Not a secure retirement plan Replay Video Then look at what’s happening on Wall Street. Small investors banding together on social media are taking on big investment firms by running up the stock price of GameStop, a struggling video game retailer whose shares were trading at around $4 at the start of the coronavirus pandemic. By Thursday, the stock price had surged to more than $480 a share before leveling off and closing at $193. “We are witnessing the French Revolution of Finance,” declared Anthony Scaramucci, a financier who famously served as President Donald Trump’s White House communications director for 11 days in 2017. ....
Then look at what’s happening on Wall Street. Small investors banding together on social media are taking on big investment firms by running up the stock price of GameStop, a struggling video game retailer whose shares were trading at around $4 at the start of the coronavirus pandemic. By Thursday, the stock price had surged to more than $480 a share before leveling off and closing at $193. “We are witnessing the French Revolution of Finance,” declared Anthony Scaramucci, a financier who famously served as President Donald Trump’s White House communications director for 11 days in 2017. Analysts believe Scaramucci, aka “The Mooch,” is right about the revolution, even if he cites the wrong country. ....