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By
Trista Kelley
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Thursday December 16, 2021 12:05 pm

It's been a wild year in the stock market. The rise of armchair traders on
Reddit sent stocks like video game retailer GameStop and cinema company AMC
soaring, burning hedge funds that were short.

The event helped fuel a narrative of David-esque retail investors taking on more
sophisticated Goliath hedge funds. Caught in the crosshairs were investors who
short — or borrow shares to sell on the market, wait for them to decline, then
return them, pocketing the difference.

...
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MOST READ


A 26-YEAR-OLD SHORT-SELLER ON THE REDDIT RETAIL ARMY AND SHORTING IN THE LONGEST
BULL MARKET IN HISTORY


HOW US BUYERS CAN COUNTER THE BREXIT EFFECT ON M&A


NEW YEAR HONOURS 2022: KPMG, DELOITTE EXECS MAKE THE LIST


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