The Daily

The GameStop Rebellion

Episode Summary

This episode contains strong language. GameStop can feel like a retailer from a bygone era. But last week, it was dragged back into the zeitgeist when it became the center of an online war between members of an irreverent Reddit subforum and hedge funds — one that left Wall Street billions of dollars out of pocket. Today, we look at how and why the GameStop surge happened, as well as how it can be viewed as the story of our time.

Episode Notes

This episode contains strong language.

GameStop can feel like a retailer from a bygone era. But last week, it was dragged back into the zeitgeist when it became the center of an online war between members of an irreverent Reddit subforum and hedge funds — one that left Wall Street billions of dollars out of pocket.

Today, we look at how and why the GameStop surge happened, as well as how it can be viewed as the story of our time.

Guests: Taylor Lorenz, a technology reporter covering internet culture for The New York Times; and Andrew Ross Sorkin, a financial columnist for The Times. 

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