Opinion: What We Can Learn From the GameStop Saga on Wall Street

A David and Goliath saga playing out on Wall Street has attracted global attention. At the centre of the sage is GameStop Corp., a 36-year-old video-game retailer, whose stock has been climbing since the start of 2021, but short seller Citron Research last week predicted that the stock would crash. In a commentary, NTU Asst Prof Bao Te wrote about a “war” between social investors and hedge funds over GameStop, and the possible future development of the social investment industry.