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GameStop: Investor explains how ‘everyone can make more money’ after Wall Street crisis

express– Some Wall Street hedge funds suffered big losses last week after amateur trades on Reddit collectively bought shares in GameStop. The American gaming and electronics retailer had been declining, so hedge funds bet against the company using a method called “shorting”. This involves borrowing shares in a company, selling them, and promising to buy them back at a later date. If a company’s value declines, the hedge fund would make a profit – but if the company’s value rises, they make a loss.

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