What's Happening on Wall Street?
As many people and news outlets are discussing, Wall Street is having a crazy week! For those unaware, a story of David and Goliath has been splashing across the headlines. Retail investors across America have been pouring money into companies like Gamestop, AMC Theaters, and Nokia amongst others, in an attempt to put a "short squeeze" on several large hedge funds that have highly leveraged positions in those same companies.
What does this mean, exactly? Check out Jeremy's thoughts below!