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Reddit wants to send AMC, GameStop stocks to the moon. Here’s how it’s happening – 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 bet that video game retailer GameStop would fail. The move toward online game buying would eventually spell doom, they said. 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,…

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Source CNET Tech

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