GameStop Day Traders Shook Markets and Hit Hedge Funds for Billions. What Has Wall Street Learned?
Managing Member Andrew Beer discusses the impact of the “mob” mentality on crowded short positions. GameStop day traders shook markets and hit hedge funds for billions. What has Wall Street learned? Hedge funds and short-sellers have been left to mull a seismic shift after their billions of dollars of losses on GameStop stunned Wall Street.