Part one of this two-part series examined how a group of redditors fought major Wall Street hedge funds in an epic David and Goliath tale. This piece discusses the financial establishment’s swift attempt at retribution and that retribution’s social consequences.
By Daniel Goncalves
Daniel Goncalves: Reddit investors vs. hedge fund billionaires, Part 1
Melvin Capital’s bet against GameStop failed, and people became a bit more knowledgeable about how Wall Street works, or fails to work, because of the saga.
Part one of a two-part series by Daniel Goncalves