Small traders are teaming up against big Wall Street institutions, as their Reddit-fueled frenzy over GameStop has forced brokers who sold options to hedge their risk. That squeeze is driving an astounding rise in the video game retailer's stock price. https://t.co/8VlZexmdPR
It's a Wall Street David vs. Goliath saga, and David won. Small investors rallied on Reddit to support struggling video game retailer GameStop. The result was big losses for wealthy investors who were counting on the company's stock price to plunge. https://t.co/a4VxY2PssD