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How Reddit’s GameStop stock battle with Wall Street became an ‘insane’ war – Source CNET Tech

Stacks of coins on a chalkboard with mathematical equations

GameStop’s and AMC’s stocks have spiked in recent days. Here’s what’s going on.


Sarah Tew/CNET

Wall Street investors bet big that struggling video game retailer GameStop would fail, and they’ve been making that bet for a long time. Over the years, it’s been one of the most heavily bet-against stocks on the market. Over the past few months, though, a bunch of Reddit users have been buying up shares, pushing up GameStop‘s value and undermining Wall Street’s big bets. At first, these forum…

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Source CNET Tech

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