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Engadget Podcast: How Reddit day traders blew up GameStop's stock


January 29th, 2021
If you were confused about how, exactly, a bunch of Reddit finance obsessives turned the beleaguered GameStop into a white hot stock, you’re not alone. This week, Cherlynn and Devindra chat with Mike Futter, author of the GameDev Business Handbook and co-host of the Virtual Economy Podcast, to make sense of this surprising story. Are the online traders just doing it for the LOLs? Or are they trying to teach the financial industry a lesson? And isn’t this just another example of online memes bleeding into reality, leading to potentially disastrous consequences? We also get a bit of context from an anonymous member from the infamous R/WallStreetBets subreddit. ....

Mike Futter , Gamedev Business Handbook , Virtual Economy Podcast , Morning After , மைக் புத்ட்டேர் , மெய்நிகர் பொருளாதாரம் பொட்கஸ்ட் ,