Thursday, January 28, 2021

OPINION: Redditors stormed Wall Street and beat the system. Here's what happened, according to cultural critic Sam Thielman.

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Jan 28, 2021
OPINION: Redditors stormed Wall Street and beat the system. Here's what happened, according to cultural critic Sam Thielman.

It's hard not to celebrate as a bunch of Redditors beat Wall Street giants at their own game, writes Sam Thielman, a reporter and cultural critic, for NBC News THINK.

In April, GameStop was trading at $2.80 per share after it announced hundreds of store closures. But Wednesday it closed at $347.51 per share. Here's how the internet saved GameStop — and sparked something of a populist revolution in the stock market, Thielman writes.

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