Business
GameStop share price explodes for second day as Reddit celebrates – NEWS.com.au
GameStop share price explodes for second day as Reddit celebrates
GameStops stock price has exploded again as Reddits army of retail traders launched a second salvo in its rebellion against Wall Street.Shares in the video-game retailer surged 101 per cent to an intraday peak of $US184.64 ($235.31) after more than doubling in a wild Wednesday session, adding as much as $US9.7 billion ($A12.3 billion) to its market value in just two days.
Traders on the WallStreetBets forum celebrated the massive move in the stock they turned into a symbol of a populist uprising…
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