Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStops stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS News Stephen Gandel and Dan Patterson join "CBSN AM" to break down what this all means.
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Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStops stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS News Stephen Gandel and Dan Patterson join "CBSN AM" to break down what this all means.