Episode 111: The Story Behind GameStop Stock

What just happened with GameStop, causing a wild week on Wall Street? Today on the podcast, David gives an explanation of what GameStop is, why its stocks soared, and what we can learn from the situation.

 

Read more and get additional financial resources here: https://coveryourassetskc.com/episode-111-the-story-behind-gamestop-stock/ 

 

What we discuss on this episode: 

0:29 - David shares what part of the country he’s visiting right now.

2:29 - What lessons can be learned from GameStop?

6:44 - What does Reddit and GameStop have to do with a short stock?

10:18 - What made this become a big story in the news?

14:54 - GameStop was only the beginning.

18:47 - Were any of David’s clients impacted by that market volatility?