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Up To Date

The GameStop Short Squeeze | Kansas City Entertainment Delivered

NYSE GameStop Price
New York Stock Exchange
/
Screenshot/nyse.com
The January 29, 2021, closing price for GameStop stock. The video game retailer is caught in the middle of a price war between independent day traders and Wall Street hedge funds.

The market dogfight over the gaming retailer's stock price and a menu of live performances that can be delivered to your door.

Segment 1, beginning at 4:12: This David and Goliath battle has seen GameStop's market value go from $2 billion to more than $24 billion in a matter of days.

When users in the Reddit group Wall Street Bets noticed that hedge funds were shorting GameStop stock, they used their superior numbers to buy shares at a rate that resulted in a "short squeeze" that has yet to let up. We got a walk-through of what it all means.

Segment 2, beginning at 33:41: Show Delivered offers clients personal entertainment and actors, musicians and acrobats employment.

With everything you can have delivered these pandemic days, why not performances? The founders of Show Delivered developed 30-minute shows that range from the comical to the dramatic and even to the romantic.

  • Kelly Main, co-founder of Show Delivered
  • Bess Wallerstein Huff, co-founder of Show Delivered
Steve Kraske is the host of KCUR's Up To Date. Follow him on Twitter @stevekraske.
Chris Young is an Assistant Producer for KCUR’s Up To Date. Contact him at chrisy@kcur.org.
Danie Alexander is the senior producer of Up To Date.