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Here’s Why Women Are Less Likely to Have Gone In on the GameStop Gambit

Here’s Why Women Are Less Likely to Have Gone In on the GameStop Gambit

As last week’s Reddit-driven Gamestop stock drama dragged financial market participation into the cultural spotlight, it gave way to another anomaly. AdvertisementIt’s no secret that, on average, women make less money than men do—or that the gulf widens for most women of color. A September 2020 report from the National Partnership for Women and Families found Latinas making a measly 55 cents, Native American women making 60 cents, and Black women making 63 cents to a white man’s dollar. Johnson highlighted the ways Black women specifically can benefit from investing in the stock market, given the $15,000 annual income gap between Black and white women and the way Black-owned businesses have struggled during the COVID-19 pandemic. But the realities of income inequality for women and people of color really blunt the GirlBoss, Lean In feminism of “ladies, you gotta get into the stock market!” plugs.