Of GameStop, Robinhood, Reddit, and Citadel
Total trading volume on the NYSE doubled from the year before. Annual turnover, a measure of how fast stocks trade, set a record of 319%. The year was 1901, and small investors with new access to the telephone and telegraph made gambles on directional bets at thousands of bucket shops across the country. That doesn’t feel a … Continue reading “Of GameStop, Robinhood, Reddit, and Citadel”