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GameStop’s shares soared 1,700% as millions of small investors, spurred on by social media, employ a classic Wall Street tactic to squeeze Wall Street.
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A legion of young people – mainly males – has invaded digital auctions for years, created on social networks and eager to learn about stocks. These are the misfits that shake Wall Street.
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It was a strange time in the stock market, when a video game retailer suddenly became the center of attention. Here are four things you need to know about the GameStop craziness.
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Taylor Lorenz and Andrew Ross Sorkin contributed to the report.
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