How Reddit day traders blew up GameStop's stock

Published: Jan. 29, 2021, 1:36 a.m.

b'If you were confused about how, exactly, a bunch of Reddit finance obsessives turned the beleaguered GameStop into a white hot stock, you\\u2019re not alone. This week, Cherlynn and Devindra chat with Mike Futter, author of the GameDev Business Handbook and co-host of the Virtual Economy Podcast, to make sense of this surprising story. Are the online traders just doing it for the lols? Or are they trying to teach the financial industry a lesson? And isn\\u2019t this just another example of online memes bleeding into reality, leading to potentially disastrous consequences? We also get a bit of context from an anonymous member from the infamous R/WallStreetBets subreddit.\\nStonks get real: Is it really Reddit v. Hedge Funds? \\u2013 0:49\\nMicrosoft raises Xbox Live Price, backtracks \\u2013 30:35\\nNews shouts from around the tech world \\u2013 40:35\\nWorking on \\u2013 53:30\\nPicks \\u2013 56:22\\n\\nSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.'