GameStop stock hits record high as Reddit group causes mayhem - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Sunday 24 January 2021

GameStop stock hits record high as Reddit group causes mayhem


Video game retailer GameStop's stock rose by nearly 70 percent on Friday causing a halt in trading. The price spike in the company’s market value was attributed in part to a group of day traders on the subreddit r/wallstreetbets, which led to a scramble by investment firms to capitalize on...

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