Posts tagged GME
Can’t Stop GameStop: How $GME democratized the stock market

“GameStock’s rapid ascension in stock price over the past two weeks will have far-reaching implications: it has shown that Wall Street can no longer ignore retail investors, it has shone a light on some of the illicit practices of hedges funds which contributed to the 2008 financial crisis, but perhaps most significantly—it has gotten people interested in the stock market. Even though the GME fad will eventually fade away, this event has created a new informed generation which will view the stock market as a viable way to make money, and that will likely contribute to a further democratization of the market.”

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