Gamestop: Is it really a case of David vs Goliath?
What is Wall Street's role in the surge in Gamestop's share price?
What is Wall Street's role in the surge in Gamestop's share price? It鈥檚 been billed as a populist revolt against the financial behemoths of Wall Street: a global gang of small investors driving up the price of Gamestop shares, forcing losses on hedge funds. But is there more to this David versus Goliath story than at first meets the eye? Manuela Saragosa speaks to Alex Patton who trades in his spare time when he鈥檚 not at his day job in cybersecurity. She also speaks to former Wall Street professional Alexis Goldstein who now advocates for financial regulation and to Elizabeth Lopatto from the US technology website The Verge.
(Correction: in the programme it was said that shares had risen 70% this year when in fact they rose 70% on Friday 29 January 2021)
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- Mon 1 Feb 2021 08:32GMT大象传媒 World Service
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Business Daily
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