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Reddit wants to send AMC, GameStop stock to the moon. Here’s how – Source CNET Tech

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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 have bet that struggling video game retailer GameStop would fail. The move toward online game buying would eventually spell doom, many thought. And the pandemic only seemed to make that worse. 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…

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Source CNET Tech

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