Ep 81: Reddit Continues Battle with Robinhood over GameStop & AMC - a podcast by TNC Podcast

In 2019, GameStop seemed to be just another failing brick-and-mortar business. The video game retail industry was shifting away from physical copies, and larger companies like Amazon and Walmart were capturing more and more console sales. Hedge funds, smelling blood in the water, decided to profit off GameStop's decline, shorting its stock in massive numbers.  But a couple of internet dwellers at Wall Street Bets, in a strange corner of the giant forum, reddit, thought the hedge funds were making a mistake. They thought the stock was being overshorted, and if that stock were to start going up, those short sellers could be in for a bad time.  

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