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GameStop shares plummet after Reddit rally. Here’s why you shouldn’t be shocked – Source CNET Tech


GameStop’s stock price won’t help the stores make more money. 

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GameStop made big news as its stock price skyrocketed thanks to traders on Reddit. The video game retailer’s share price grew by more than 14,300%, but it’s since plummeted, going from $328 on Friday to closing at $92 on Wednesday. Fans of the stock continue to hold their GameStop stocks to stick it to Wall Street and hedge funds, but don’t be fooled, the company isn’t doing so hot. 


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Source CNET Tech

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