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The GameStop saga didn’t revolutionize the stock market — it just proved how out of touch Wall Street has become for the average American

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It feels like a fever dream now, but for one week in late January all anyone in the media could talk about was Gamestop’s skyrocketing stock prices. 

In case you’ve already driven the episode out of your memory, here’s a brief recap: A Wall Street hedge fund had placed a big bet that America’s biggest chain video game retailer was on the verge of failure, and users from a subreddit called WallStreetBets rushed in to buy stock and force the hedge fund to cover their positions, thereby costing the fund billions of dollars in the process details ⇒

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