Investors can ignore GameStop, but the trends that put $GME at the center of the stock market are here to stay. barrons.com/articles/the-g…
GameStop was an emblem of the Covid-era economy. Then users on #WallStreetBets coalesced around the stock. Retail investors countered the huge short interest that had massed against $GME, causing a squeeze that throttled hedge funds. barrons.com/articles/the-g…
The new power of retail investors is a "change that is not going to go away,” said NYU professor @AswathDamodaran. “And that’s shaking up traditional portfolio managers, because they’ve lost control of the process.” barrons.com/articles/the-g…
The fastest and biggest impact from GameStop's surge appears to be on short sellers. Losing an estimated $5 billion can change behavior, of course. Shorts will likely be both quieter and more careful in the future. barrons.com/articles/the-g…
Brokers, meanwhile, facilitated a frenzy they couldn’t keep up with, and now they will have to adapt or watch their clients disappear. Robinhood in particular has much to prove, as the company is expected to go public this year. barrons.com/articles/the-g…
Hedge funds—even those that don’t regularly go short—will now have to watch message boards. Alt-data firms are already ramping up their offerings, with web-crawling company Thinknum telling Barron’s it just launched a product specifically to track Reddit. barrons.com/articles/the-g…
Changes could be coming for retail investors, too. Regulators will now likely try to impose new guardrails around retail trading. Trading on margin could be curtailed, and the rules for getting into options may change. barrons.com/articles/the-g…
The retail revolution is clearly not going away. Learn more about the trends that shaped the $GME short squeeze—and how they have already begun to change the stock market—in this week's Barron's cover story. barrons.com/articles/the-g…
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