NEW YORK--The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors....
They took aim at funds that had bet GameStop, a struggling video-game retailer, would see its price continue to fall. Those hedge funds did that by “ shorting ” the stock....
In such a trade, a short seller borrows a share, sells it and then hopes to buy it back later at a lower price to p
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2021-10-18 00:00:00.0