News & Events

Reddit still wants to send AMC, GameStop stock to the moon. How, and what’s next – Source CNET Tech

Stacks of coins on a chalkboard with mathematical equations

GameStop’s and AMC’s stocks have been on an epic rollercoaster ride. Here’s what’s going on.


Getty Images

For years, Wall Street investors were sure that video game retailer GameStop would fail. The company wasn’t adjusting well as the world moved to online game buying, they’d say. And the pandemic appeared to speed up those changes, too. Wall Street was so sure GameStop would fail that investors 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…

Read More…

Source CNET Tech

Source link