Business
GameStop’s Stock Price Soars To New Records Because Capitalism Is A Shell Game – Kotaku Australia
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their…
Struggling retailer GameStops stock curiously hit an all time high today. But its not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And its not because a new set of Funko Pops has taken the internets imagination by storm.
No, the stock price jumped to an all-time high because some institutional investors bet on the company to fail, and a bunch of amateurs on social media decided to call their bluff and try getting rich in the process.
GameStop has…
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