The GameStop story returned short-sellers to the front pages of the global financial press. The Reddit crowd’s “Main Street Takes Revenge on Wall Street” narrative cast these short sellers as the villains of the financial markets. It also created enough consensus buying pressure to squeeze their positions into margin calls and realized losses.
Continue reading on Enterprising Investor: https://blogs.cfainstitute.org/investor/2021/04/21/the-short-the-index-and-the-private-markets/#__prclt=Fohj9mrz