The Daily Money: What the heck is happening with GameStop?

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usatoday.com

The Daily Money
ALL THE MONEY NEWS YOU NEED TO KNOW
 
Thursday, January 28

Good morning, Daily Money readers, it's Nathan Bomey again. 

What the heck is happening with GameStop? If you haven't been paying attention, individual investors have rallied together on social media to drive up the shares of the struggling retailer, crushing sophisticated investors who had shorted the stock.

It's a battle royale and it shows no signs of stopping. Who will come out on top?

Investors are calling this whole movement "short squeezing." Here's what that entails.

Meanwhile, were you surprised by the recent bankruptcy filing of the National Rifle Association? You're not the only one. Some legal experts say the NRA doesn't belong in bankruptcy since the group says it doesn't have any financial problems.

Finally, do you rely on those 40% coupons at Hobby Lobby? Time is running out.

Check out more Money & Tech news below.

--Nathan Bomey, Money reporter
National Rifle Association Executive Vice President Wayne LaPierre speaks at the NRA Annual Meeting of Members in Indianapolis on April 27, 2019.
The NRA says its finances are solid. So why is it filing for...
The National Rifle Association bragged it is on solid financial footing. So why did it file for Chapter 11 bankruptcy?
GameStop pits small investors against 1%
Man playing video game in video game store
Hobby Lobby is discontinuing 40% off coupons
Hobby Lobby
Rate of traffic deaths rises during COVID as open...
Honda HR-V crash test result.
What does Reddit have to do with GameStop, AMC stock...
Monday morning saw another jump in GameStop's stoc
Economy grew 4% in Q4 as consumer spending gains slowed
Liquor store closings     Across America
3 moves to make before doing a balance transfer
A young couple signing a contract.
Investing isn't complicated. How I started with $100.
Claiming your free stock.
Grape-Nuts cereal out of stock amid COVID-19
A COVID-19 related shortage has made it harder for
Short squeezes: Everything you need to know
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