What The Rise Of The Millennial Investor Means For A Sustainable World

By World Economic Forum

By Meagan Andrews, Community Curator, Investors Industries, World Economic Forum

It’s been a wild ride for financial markets, as Reddit’s WallStreetBets fueled unprecedented frenzy to rebel against Wall Street short sellers. In case you missed it, the Reddit message board was being used by the community to move stock market prices. Their mission was to force established hedge fund investors to lose big on bearish bets they had made against struggling companies (and to also make a healthy profit for themselves in the process). GameStop was one of the WallStreetBets targets, and at one point its stock was up over 2,000% since the start of the year – not bad for a struggling video-game retailer.

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