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Gamestop stock & Wallstreetbets: What happened and where do we go from here?

Source: Stuttgarter Zeitung und Stuttgarter Nachrichten (Glomex)

Gamestop shares have been particularly popular in recent weeks among users of the Internet forum Reddit. In doing so, they opposed so-called short-sellers such as Citron Research and Melvin Capital, who had made massive bets on falling prices of the said companies. As a result, share prices shot up and some hedge funds suffered extremely high losses. Florian Dürr, a trainee in the economics department, explains the most important issues in the video.

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