(STL.News) There has been a lot of interest in the stock market this week after investors from the Reddit message board managed to give shares in GameStop a huge boost.

Here’s a look back at the story so far, with an explanation of stocks, short-selling and what has been happening with GameStop.

GameStop is a public company that its stock trades on the NYSE (Ticker: GME) and is a component of the S&P 600.  Based out of Grapevine, Texas, they are a retailer selling consumer electronics and gaming merchandise.  Found in 1984 and today has a market cap of more than $6 billion.

Wikipedia page – short squeeze

YouTube video provided courtesy of BBC News

By STLNEWS

STL.News is owned and operated by STL.News, LLC. We publish States Top Leading News. Our news is timely, unbiased and content is obtained direct from the source to obtain reliable information. Additionally, we will publish YouTube news video from major media companies.