
The Long and Short of GameStop
At this point, I am sure you’ve heard about GameStop (GME) going viral on the internet and in the stock market due to the now infamous r/Wallstreetbets community on Reddit. For days in late January and early February, media headlines tracked the rise and fall of GME stock, and today we want to talk about why that matters and what lessons can be learned from this event. GameStop is a struggling video game retailer experiencing a slow and painful decline. GME stock was trading