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AMC, GameStop stock jumps: Reddit’s ‘insane’ battle with Wall Street a ‘train wreck’ – Source CNET Tech

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GameStop shareholders are watching piles of cash come in. But for how long?


Angela Lang/CNET

GameStop is one of those stores nearly every gamer has a story about. Many of today’s adults spent their childhoods in one of the stores, lining up for launches and buying or selling consoles and video games. Now some of those people have made a fortune buying the company’s stock and encouraging their friends on Reddit to buy it too. GameStop’s stock has rocketed higher than ever expected, and all because activity between social media investors began pushing it up. Wall Street had bet…

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Source CNET Tech

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