A Tale of Stocks & Memes
b'Earlier this year, struggling businesses GameStop (NYSE: GME) and AMC Entertainment Holdings saw their stock prices skyrocket overnight, thanks to a short squeeze initiated by a group of investors on Reddit.com.\\n\\nIt was r/wallstreetbets, a coalition of largely amateur investors on the site- known as the front page of the internet- that created a surge of interest in a number of stocks being shorted by some of Wall Street\\u2019s largest hedge funds.\\n\\nIt was seen as a brave new form of financial activism by some, and a terrifying new brand of speculation by others.\\n\\nToday, Think: Business looks back on those whirlwind months of January and February, when it seemed like occupy wall street had moved online.\\n\\nJoining me to discuss this today is Noam Korbl, Director of Compare Forex Traders, an Australian online trading platform.\\n\\nAnd Professor Michelle Baddeley, Professor in Economics and Director of Research and Development at the UTS Business School.'