Tag: gamestop
Robinhood, the stock trading and investment app used by Reddit users to trigger a meltdown on Wall Street, can’t seem to keep out of the headlines, and not for good reasons.
When you hear the name Robin Hood you probably remember the tale of a noble outlaw, bedecked in green, who robs the rich and gives to the poor. However, now…
GameStop, a struggling brick-and-mortar retailer, made headlines last week after a group of Reddit users rallied together and drove the stock’s price way up—causing short-selling hedge funds to lose $91 billion dollars.
For the past week chaos has reigned supreme across financial markets—GameStop ($GME), a struggling American brick-and-mortar retailer was at the centre of it all. Reddit users rallied to drive up…