5 Feb 2021

The Redditors of Wall Street

Our Business and Global Trade Correspondent Paul McNamara explains for the financially illiterate how the keyboard warriors  shook Wall Street.

 

What happens when people chatting on online forums sitting at home decide to take on the American financial establishment beasts and leave some of them with billions of dollars in losses?

It’s a war. A war on the value of an American videogame shop- GameStop. On one side the little guy, on the other big hedge funds. Or is this really the full story?

Our Business and Global Trade Correspondent Paul McNamara explains for the financially illiterate how the keyboard warriors  shook Wall Street.

Sources: CNN, CNBC, Roaring Kitty, Robinhood

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