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…
-
Noosa News16 hours agoBondi Beach terror attack: Police investigate threat against Westfield North Lakes in Queensland
-
Noosa News17 hours agoNon-compliance, human error led to $2m Noosa Council fraud
-
General15 hours agoQueensland mother accused of staging drowning death of four-year-old son committed to stand trial
-
Business17 hours agoElders gets third strike in a row against its executive pay