Business
GameStop stock plummets as Reddit rally moves to new sector – NEWS.com.au
GameStop stock plummets as Reddit rally moves to new sector
The markets GameStop fever appears to have broken, but other stocks are now starting to feel a bit warm.Shares in the much-discussed video game retailer were down over 33 per cent by midday on Thursday, adding to a steep decline that has the key player in the so-called “Reddit Rally” down more than 81 per cent this week. Day traders, meanwhile, appear to be turning their interest to other areas like small pharmaceutical stocks.
Stock in AMC Entertainment, a second-favourite “meme stock” for retail…
-
Business22 hours agoThese 4 ASX mining stocks are rocketing as the rare earths boom intensifies
-
General19 hours agoBunbury man Stanley J Clemons sentenced for shooting neighbour’s dog
-
Noosa News22 hours agoLung cancer researchers identify ‘breakthrough’ patterns predictive of treatment success
-
Noosa News10 hours agoWarm weather could make way for rain with ‘damaging winds, large hail’