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Curious Monk
Curious Monk
33 episodes
1 day ago
I'm just a curious guy trying to bring the stories from around the world to you. Stories that changed the world and stories that are changing the world
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How To
Education
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All content for Curious Monk is the property of Curious Monk and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
I'm just a curious guy trying to bring the stories from around the world to you. Stories that changed the world and stories that are changing the world
Show more...
How To
Education
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When Social Media Defeated Wall Street | GameStop stock surge explained | 2000% rise in 1 month |
Curious Monk
12 minutes 16 seconds
3 years ago
When Social Media Defeated Wall Street | GameStop stock surge explained | 2000% rise in 1 month |

ecently a company called game stop made headlines as Games tops stock price has surged by   2000% in just one month. That’s phenomenal. Of course, people made lot of  money but some big corporations lost billions. All because of a social media platform called Reddit. GameStop has captivated Wall Street’s attention.  But the obsession isn’t just with the rally, it’s with who’s making money off of it. Legions of individual investors -- regular, everyday people -- gathered on social platforms like Reddit and decided to send GameStop stock, as they would say, to the moon. This week, GameStop shares soared 400%, a hedge fund had to get bailed out, and online trading platform like reddit  had to restricting trading on GameStop and other hot stocks. Here’s how the GameStop saga played out, and what’s next as lawmakers turn their sights on the story that took over Wall Street this week.

Curious Monk
I'm just a curious guy trying to bring the stories from around the world to you. Stories that changed the world and stories that are changing the world