GameStop’s and AMC’s stocks have been on an epic rollercoaster ride. Here’s what’s going on.
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For years, Wall Street investors bet that video game retailer GameStop would fail. They said the move toward online game buying would eventually spell doom. The pandemic appeared to speed up those changes, too. Wall Street was so sure GameStop would fail that they made it 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,…
Source CNET Tech
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