The U.S. Securities and Exchange Commission is reviewing GameStop’s mammoth stock surge. It all began when hedge funds started shorting stocks in the struggling video game retailer, betting its stock price would drop and they’d make money. But online investors began gobbling it up, making millions. Jennifer Johnson explains.
- GameStop shares double after weeks of tumbles, even puzzling Reddit investors
- GameStop, silver slide as small investor trading frenzy eases
- GameStop frenzy cools as traders turn attention to silver