GameStop Frenzy

Was it Market manipulation or a financial rebellion…The Question held above the movement, Wednesday, January 27th the brokers were shocked, stock fanatics were moved, and even Biden turned a cheek to no surprise after billions of distressed young Reddit members came together to “show how the cards are stacked against the little guy in favor of billionaire Wall Street traders” Quoted by, Rep.Ro Khanna, D-Calif. The little guy being messed with  in this situation was GameStop stock, after it had plunged on Thursday by a staggering  44%  suddenly after Robin Hood an online trading forum restricted trades with  GameStop, AMC Entertainment and other stocks that had been driven up by the young Reddit members. These members were moved for a revolution after seeing how much power  billionaires have an over night after unrelenting enthusiasm GameStop Stock soared 70%. Therefore leaving Robinhood to quickly raise more than 1 billion dollars to even keep up in the trade market, and other trade brokers shaken. 

Although the Reddit members made their statement not to play favorites with the little guy, statistically with GameStop’s unsatisfactory sale rates  that companies shares are surely to plummet.