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GameStop stock is falling after Reddit surge. Here’s why that’s not a surprise – Source CNET Tech


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

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GameStop continues to be the center of attention on Wall Street a week after 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 $140 when the markets opened Tuesday to $90 at closing, a one-day drop of 60%. Fans of the stock continue to hold their GameStop stocks to stick it to Wall Street and hedge…

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Source CNET Tech

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