The explanation is linked to the interaction of multiple dynamics linked to the functioning of the financial markets: a certainly complex issue, however, it is thrilling many "spectators". The reason is soon said: a violent war on the stock market is in fact taking place between two forces: large investors, tending to be active through hedge funds / hedge funds, and small investors, who have decided to organize themselves ... on Reddit! Indeed, the pages of the well-known forum hosted an incredible number of users, who, with an admirable organizational ability, decided to launch a massive GameStop share purchase campaign.
The result ? the value of the latter has undergone an extraordinary surge, after a long period in which the company's shares were valued only a few dollars. An estimate that has remained unchanged also following the emergence of positive signs for the company's future, such as the massive investment in GameStop made by the entrepreneur Ryan Cohen, and also motivated by the action of large hedge funds. The latter have long bet on the company's decline, while rampant Reddit goers have now decided to bet on its recovery.
In both cases we are talking about speculation, but what exactly happened? Everyeye editorial team explains it to you in simple words, through the video you find at the opening of this news and on the Everyeye YouTube Channel: enjoy!