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What Were The Factors That Led To The Gamestop Short Squeeze?, Riley Burnette
What Were The Factors That Led To The Gamestop Short Squeeze?, Riley Burnette
Information Systems Undergraduate Honors Theses
The world of finance is rapidly evolving - for better or for worse. The introduction of social media in sentimental stock market trading, and new brokerage apps, combined with the new resurgence of retail investors, has led to some interesting results. These new factors in the stock market have challenged the status quo of the stock market. A group of retail investors has led this change on a Reddit forum known as /r/WallStreetBets
In early January 2021, a group of retail investors collaborated a short squeeze on GameStop stock, creating an attack against the hedge funds on a popular Reddit …