The GameStop Madness Isn’t David vs. Goliath — It’s Goliath vs. Goliath

Robinhood traders and Redditors are profiting off this. But they aren’t the only ones.

Alexis Goldstein
Marker
Published in
10 min readJan 28, 2021

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GameStop store signage is seen on January 27, 2021 in New York City.
Photo: Michael M. Santiago/Getty

In early January, GameStop was trading around $18. By close on Wednesday, it had reached $364.15. An intense buzz has formed around the stock thanks to discussion on the Reddit forum WallStreetBets…

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Alexis Goldstein
Marker

Alexis is a former Wall Street worker who now advocates for a safer & fairer economy.