Suddenly, Wall Street can’t stop talking about GameStop, a video game retailer whose stock price is popping far beyond what most people think it’s worth.
Here’s a guide to understanding why and what the frenzy means for the stock market.
Why is everyone talking about GameStop?
The simplest answer is that its stock price has skyrocketed — by somewhere around 8,000 percent over six months. The more complex answer is that its stock has become the central game piece in a financial power struggle between a major hedge fund, Melvin Capital, and a group of amateur stock traders who
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