What’s happening with GameStop and the stock market?

Global Business

What’s happening with GameStop and the stock market?

The video game retailer GameStop has been at the heart of a trading frenzy on Wall Street with its shares skyrocketing last week.

The so-called “Reddit rally” was fueled by online trading forums and retail investors looking to take on hedge funds that had bet against GameStop ​and other companies seen as failing. 

Market volatility appears to be easing but analysts believe smaller investors could be starting to find their voice.

CGTN’s William Denselow reports from New York.