Andrew Ross Sorkin Breaks Down the GameStop Saga
Clip: 2/4/2021 | 16m 21sVideo has Closed Captions
Financial columnist Andrew Ross Sorkin joins the program.
The GameStop subversives rocked Wall Street and the whole investment world last week, as amateurs outwitted longtime professionals. Simply put: lots of hedge funds had bet against the struggling high street store, so when Reddit users shared tips and bought shares en masse, GameStop’s price rocketed up and set off a loss-making scramble among hedge funders. Andrew Ross Sorkin discusses this saga.
Problems playing video? | Closed Captioning Feedback
Problems playing video? | Closed Captioning Feedback
Andrew Ross Sorkin Breaks Down the GameStop Saga
Clip: 2/4/2021 | 16m 21sVideo has Closed Captions
The GameStop subversives rocked Wall Street and the whole investment world last week, as amateurs outwitted longtime professionals. Simply put: lots of hedge funds had bet against the struggling high street store, so when Reddit users shared tips and bought shares en masse, GameStop’s price rocketed up and set off a loss-making scramble among hedge funders. Andrew Ross Sorkin discusses this saga.
Problems playing video? | Closed Captioning Feedback
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