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GameStop – Short squeeze of the decade?
By Financial Horse  •  January 28, 2021
Note: This article is a premium article that first appeared on Patron. Making it available given the unprecedented nature of this situation. If you enjoy it, do consider supporting Financial Horse and getting access to premium content! Gamestop – A quick summary Background Not sure how many of you have been following the story, so I’ll do a quick recap (Vox has a more detailed one if you want more info). So GameStop is a US bricks and mortar store that sells video games. For obvious reasons, their business has been absolutely crushed, because of (1) COVID – nobody goes to stores, and (2) Digital download of games – most new games can be purchased online....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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