Wall Street — Us Against Them?

Photo by Lloyd Blunk on Unsplash

(This is an opinion article. It contains no financial advice and should not be used to make investment decisions.)

In case you weren’t paying attention last week, a group on Reddit called r/Wallstreetbets targeted short sellers of GameStop and other companies. Using Robinhood investing accounts, this group bid GameStop’s stock price to the moon — at times up roughly 2,500% (that’s not a typo).