What the GameStop frenzy reveals about America’s stockmarket
Our correspondents explain how retail investors are shaking Wall Street—and why they're not going away
In 2020 GameStop was a little-known video-game retailer. Its shares were worth a few dollars. By January 28th 2021 they peaked at over $480. The surge in value was seemingly down to amateur online traders who were on a mission to take on short-selling professionals. The frenzy around GameStop has rattled Wall Street, forced some online brokers to restrict trading and even raised concerns at the US Treasury. Our experts answer your questions on the ramifications for America’s stockmarket.
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