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Short Squeezes With Big Promises

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Benzinga ·  17:02

Short squeezes have been making and breaking investors for a century. One of the greatest short squeezes in history started on a SubReddit, where hundreds of thousands of retail investors drove the price of GameStop (NYSE: GME) shares up to an all-time high. While this will always a risky bet, GameStop remains a symbol of a company that went from representing retail struggles to executing a turnaround that defied expectations and conventions. Guided by an unorthodox CEO, just like the EV king Tesla Inc (NASDAQ: TSLA) made history with its flamboyant CEO, Game Stop is an example of a...

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