GameStop's Wild Stock Ride Exposed Our Country's Financial Illiteracy
A rally for GameStop stock started by members of the Reddit forum WallStreetBets has exposed how financially illiterate much of our country is. While many experienced investors made thousands from the random volatility, lots of young, inexperienced investors followed the hype and lost big. As investing apps like Robinhood have worked to make markets feel more like a game, who is teaching young Americans not to squander their financial futures on the latest meme stock?