Business Extra
Business Extra
The National News
Reddit, Wall Street and the GameStop stock surge
10 minutes Posted Jan 28, 2021 at 12:28 pm.
0:00
10:49
Download MP3
Show notes
Is there a revolution taking place in the US stock market? The GameStop stock price has surged because of support from an online community on Reddit. This goes against some of the big boys of Wall Street who have been shorting the same stocks. Losses in the market are estimated at billions of dollars. Hosts Mustafa Alrawi and Kelsey Warner explain what is happening, who the major players are and what we can expect for the region.