Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
GameStop stock, Reddit and WallStreetBets: what you need to know
nme.comcan be – but is instead driven by supply and demand for the specific shares.Because of GameStop’s poor performance over the past decade, alongside the growing digitalisation of video games, huge institutional hedge funds have been short-selling the shares of GameStop.
Short-selling, to make a long story short, is essentially betting that a specific stock will fall in value over time.So why has it gone up so much over the past week?
A group of investors, mostly from the sub-reddit page r/WallStreetBets, identified that some hedge funds (mainly one called Melvin Capital Management) have been holding rather large short-selling positions on GameStop.
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