Market Extra: How will this wild GameStop saga end? The ghosts of trading catastrophes past offer clues

Champions of GameStop’s jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played.

Champions of GameStop’s jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played.