Posts by Tawna Hermanson
What’s up with GameStop Stock?
What is GameStop and why does everyone care? GameStop is a brick-and -mortar video game chain that struggled during the Covid-19 pandemic. Like many distressed companies, it was targeted by short sellers betting that the stock’s price would go down. [i] Basically, short sellers do the opposite of most investors. They try to make money…
Read MoreWhat is the CARES Act?
What is the CARES Act? The CARES Act is like a massive care package. Just as an actual care package is meant to get somebody through a tough time, that’s what the CARES Act is designed to do. It contains a number of provisions to help individuals and businesses handle job loss, hours cut back,…
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