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GameStop Stock Fiasco: My Thoughts

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First published at 22:34 UTC on February 21st, 2021.

WolvesAndFinance

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One of the biggest financial stories of the year was the recent price changes in GameStop stock (GME). Just this week we saw everyone involved testify in front of congress including the CEO of the trading platform Robinhood, the CEOs of hedge funds Citadel and Melvin Capital, and the Reddit user who started promoting GameStop stock. I wanted to share my thoughts on what happened, because I think this situation shows some important concepts about financial markets.

Zach DeGregorio
For additional accounting questions, you can contact me through my website www.WolvesAndFinance.com.

Twitter: https://twitter.com/FinanceWolves
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Neither Zach De Gregorio or Wolves and Finance shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.

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Category	Business & Finance
Sensitivity	Normal - Content that is suitable for ages 16 and over

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