The victors: an army of smaller investors who have been rallying on Reddit and elsewhere online to support GameStop's stock and beat back the professionals. That pushed investors to sell GameStop's stock short. Smaller investors pushing stock higherAt the same time, smaller investors gathering on social media have been exhorting each other to keep pushing the stock higher. There is no overriding reason why GameStop has attracted those smaller investors, but there is a distinct component of revenge against Wall Street in communications online. It appears, however, that AMC has become the next battleground in the fight between smaller, retail investors and Wall Street.

Source: CBC News January 27, 2021 15:48 UTC