Tag Archives: Gundlach

Billionaires are blaming the GameStop surge on Covid stimulus checks

Mr Gundlach was equally critical of all sides in the dispute, where mainstreet investors organized on the social network and bet against big firms on stocks like GameStop, which Wall Street houses had bet would fail through a stock instrument called a “short.” The whipsawing share prices eventually led trading apps like Robinhood to temporarily […]