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Cbus rides GameStop in record 19pc annual return – The Australian Financial Review

The $60 billion industry fund scored a $4 million win riding the Reddit-fuelled rally in the previously little-known US retailer….

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Shares in the obscure games retailer rocketed from $US17 at the start of January to a peak of $US347 by the end of the month after Millennial day traders organised a coup to squeeze a short-selling campaign against GameStop on the internet forum Reddit….

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