# How Wall Street gains from 'populist' trading movement | The Business Standard

> Reuters reports that large asset managers and market-makers have benefited from the surge in GameStop and other heavily shorted stocks driven by Reddit traders. Short sellers were hurt, while some retail buyers who entered late could face losses.

- Date: 2021-01-29 · published 2021-01-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5009-how-wall-street-gains-from-populist-trading-movement-the-business-standard
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The story covers how equity market participants profit from a trading episode and does not affect feed commodity supply, demand or prices.

## Sources

- publisher.tbsnews.net: https://publisher.tbsnews.net/analysis/how-wall-street-gains-populist-trading-movement-193636

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.