Apple Magazine - USA - Issue 486 (2021-02-19)

(Antfer) #1

The frenzy around GameStop’s stock may have
quieted down, but the outsized influence small
investors had in the saga is likely to stick around.


No one expects another supernova like
GameStop to happen again, where a band
of smaller-pocketed investors helped boost
a struggling company’s stock 1,000% in two
weeks. But the tools they employed can be
used again and again, if those smaller investors
stay connected on social media forums and if
regulators don’t change the rules to hinder them.


These smaller players, called “retail investors” in
the industry to differentiate them from hedge
funds and other big firms, are using many of the
same tactics as the professionals, after all. And


GAMESTOP’S SAGA MAY BE OVER; ITS EFFECT ON WALL STREET ISN’T
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