Analysis

The 4 Business Moguls Cheering For ‘The Little Guys’ In The GameStop Fiasco

Ben Zeisloft
The 4 Business Moguls Cheering For ‘The Little Guys’ In The GameStop Fiasco
FREDERIC J. BROWN/AFP via Getty Images

Wall Street is still reeling after amateur investors poured money into stocks heavily shorted by multiple hedge funds.

Many financiers were not thrilled about amateur investors’ discovery of speculative trading. Omega Advisors CEO Leon Cooperman told CNBC that GameStop traders “have no idea what they’re doing.”

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