Reddit Is Running Wall Street
from Axios Re:Cap Hosted by Axios
Wall Street is locked in a battle of will between professional investors who live in Greenwich and amateur investors who congregate on Reddit. So far, the amateurs are winning, judging by increases in their chosen stocks, like GameStop and Bed, Bath & Beyond. Dan digs into what's really happening, the mechanics of stock "shorting" and what it means for the markets' future, with Axios chief financial correspondent Felix Salmon.
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This episode is 13 minutes long.
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This episode was published on January 26, 2021.
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