‘To The Moon,’ Part 5: The Comedown

- Advertisement -

Stocks, it turns out, don’t only go up. On the final episode of “To The Moon,” we follow the GameStop rocket ship as it returns to Earth, and we learn how the traders who poured their money into the stock fared-and why they don’t want to quit trading.

SPOTIFY | APPLE PODCAST | WSJ

Listen and follow episodes of ‘To The Moon’ on Spotify, Apple Podcasts or your favorite podcast player.

***

About This Podcast Series

When GameStop’s stock took off in January, it caught a lot of people by surprise, especially institutional Wall Street investors. Why was a stock for a struggling video game retailer shooting up almost 2,000%?

The explanation at the time was that a group of people on a Reddit forum called WallStreetBets all started buying the stock at the same time.

But the forces that drove GameStop’s surge go much deeper than online chatter. The moment was driven by changing dynamics in investing, new trading technology (which one investor described as giving the keys of a Porsche to a teenager), resentment of Wall Street and even pandemic isolation.

Our five-part special podcast series, “To The Moon,” tells the full story of the GameStop saga, and invites listeners onto the roller-coaster ride that was GameStop—to feel what it was like for the individual investors who were suddenly making hundreds of thousands of dollars overnight, and to hear why they wanted to risk their life savings in the first place.

You can find episodes of “To The Moon” in The Journal. podcast feed or through your favorite podcast player.

Show artwork by Emil Lendof/The Wall Street Journal

Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Latest news

How Ford and Volkswagen Could Keep the Good Times Rolling

Profit upgrades are coming thick and fast from car manufacturers, even...
Related news

How Ford and Volkswagen Could Keep the Good Times Rolling

Profit upgrades are coming thick and fast from car manufacturers, even...

LEAVE A REPLY

Please enter your comment!
Please enter your name here