Tag: blackrock

BlackRock Inc is Gamestop's largest shareholder. Wall Street won and Redditors lost

Wall Street Behemoths Ate Reddit’s Gamestop Lunch

According to Wall Street behemoth JPMorgan, the fairytale spun by pundits about Reddit’s WallStreetBets organizing to “squeeze” badly positioned hedge fund short sellers of video game retailer Gamestop (NYSE: GME) in what has been affectionately...