Business
It’s on again: GameStop shares double after tumbling for weeks – Sydney Morning Herald
The sharp move higher even left some members of Reddit’s WallStreetBets forum, which helped cheer its meteoric rise last month, scratching their heads.
The sudden, sharp move higher in GameStop and AMC Entertainment even left some members of Reddits WallStreetBets forum, which helped cheer the stocks meteoric rise last month, scratching their heads.
Can we honestly sound off on what we think is happening? wrote one Redditor. Is there any reason for this 150 per cent spike? asked another.
GameStops wild ride has shocked Wall Street, forcing the market to gird for more volatility. It prompted US Congress to hold a House hearing last week into what…
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