‹‹ Colorado Matters

Amateur Investors Made GameStop’s Stock Soar. How?

Listen Now
16min 06sec
Colorado Matters CMS Safe 3X2 Logo for Podcast Segments

Wall Street's been in a tizzy. Last week, the gaming retailer GameStop saw a huge surge in its stock price thanks to a swarm of amateur investors. That surge vexed Wall Street hedge funds, which bet the stock would go down. So what does this populist streak of investing mean for the future of the stock market? And does it mirror what the country is seeing in politics? Chris Hughen, an associate professor of finance at the University of Denver, and Tony Cookson at CU Boulder discuss.