The trading frenzy, powered by online hype over a rebellion against traditional Wall Street powers, had created and then destroyed roughly $30 billion in on-paper wealth
Shawn Daumer, 19, who sold his GameStop shares last week and walked away with more than $65,000 in profit, in Crown Point, Ind., Feb. 7, 2021. The struggling retailer GameStop’s shares, fueled by amateur traders and online enthusiasm, took investors on a ride like no other. (Evan JenkinsThe New York Times)
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