I spend a lot of time on Reddit, which is basically full of all of these little subforums called subreddits. Tell us what you were observing in the weeks leading up to this becoming a huge national story. You write about internet culture for The Times. So Taylor, I want to start where this story starts, which is far from Wall Street. Today: My colleagues, technology reporter Taylor Lorenz and business columnist Andrew Ross Sorkin, sort through the meaning of GameStop. What started as a story about Reddit versus Wall Street, the little guy versus the man, has revealed itself to be something larger - a kind of story of our time. michael barbaroįrom The New York Times, I’m Michael Barbaro. We have an explanation of what happened and what it means. What began as a story about Reddit versus Wall Street has since revealed itself to be something larger.
Transcript Listen to ‘The Daily’: The GameStop Rebellion Hosted by Michael Barbaro produced by Stella Tan, Jessica Cheung, Alexandra Leigh Young and Asthaa Chaturvedi, with help from Diana Nguyen edited by Dave Shaw and Lisa Tobin and engineered by Chris Wood. That is not what is happening with GameStop. So, in theory, if a company is doing well - increasing revenue and profit - then its stocks will be worth more.
Wall Street operates under the premise that stocks are supposed to be tied to revenues and profits.
#Market watch gamestop how to#
Weigh in and see what other students had to say in our writing prompt: “ Should All Young People Learn How to Invest in the Stock Market?” Is the stock market a place for quick profits and risky bets, or a tool for careful long-term investing? What risks might young investors face in betting on GameStop’s stock and others like it? Should parents and schools teach students about investing in the stock market? Would this help even the playing field? What lessons do you think young people, whether they are invested in the stock market or not, can learn from this story? Teenagers and young adults have been heavily involved in the amateur trading of GameStop’s stock. What predictions can you make for how this story will end? Going Further Now that you have read this article, see if you can catch up on the latest developments and explain them in your own words. DeMatteo in 1996 and is headquartered in Grapevine, TX.7. The company also publishes Game Informer, a print and digital gaming publication. Its pop culture themed stores also sell collectibles, apparel, gadgets, electronics, toys, and other retail products for technology enthusiasts and general consumers in international markets operating under the Zing Pop Culture brand. The firm’s stores and ecommerce sites operate primarily under the names GameStop, EB Games, and Micromania.
#Market watch gamestop software#
GameStop offers new and pre-owned gaming platforms from the major console and PC manufacturers, sells new and pre-owned gaming software for current and certain prior generation consoles, and offers a variety of in-game digital currency, digital downloadable content, and full-game downloads. Each segment consists primarily of retail operations, including stores and ecommerce properties focused on games, entertainment products, and technology. It operates through the following geographic segments: United States, Canada, Australia, and Europe. offers games and entertainment products through its ecommerce properties and stores.
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