The story of the massive bull run of GME stock.I’m not from the US and would like to know the reasons behind the recent rally in the stock
In: Economics
Part of it is a short squeeze’ it’s likely that many investors that had sold the stock short are either cutting their losses or being forced by their brokerage to purchase shares to close out their position. In either case, the investor has no choice but to purchase shares in the open market. Last time I checked, more shares of the stock had been sold short than actually existed.
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