Sunday, January 31, 2021

Fight The Man: What GameStop’s surge says about online mobs


It’s a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of power in unanticipated ways. And the same tools that empower the little guy […]

source https://www.seattletimes.com/business/fight-the-man-what-gamestops-surge-says-about-online-mobs/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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