Saturday, 30 January 2021

How GameStop traders fired the first shots in millennials' war on Wall Street

The dramatic struggle over video game chain’s shares suggests markets must now contend with a breed of angry, young, networked investors When Ben, 28, a software engineer from Leeds, bought two shares in US games retailer GameStop for £460, it was for one reason, he says: “When they make the film about this in years to come, I’ll know I was there at the frontline with a bunch of idiots on the internet, trying to bring down Wall Street.” For Emma Rivers from East Sussex, who invested £1,400 in the same company – having known little about it a few weeks ago – it has all been about sending a message that capitalism has had its day. Continue reading...
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