Institutional investors, rather than an army of meme-toting Redditors, may have led the sharp share price rise, analysis finds

The Reddit rebellion against Wall Street – a battle that appeared to pitch small investors against the financial titans – may not have been quite what it seemed, according to an analysis by JP Morgan.

Related: David v Goliath narrative in GameStop story has serious flaws | Jeffrey Frankel

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *