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Reddit’s GameStop stock battle with Wall Street is 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 have bet struggling video game retailer GameStop would fail for a long time. At points, it’s been one of the most heavily bet-against stocks on the market. But over the past few months, a bunch of Reddit users have been pushing up the value of GameStop shares instead. At first, it was because they believed the company was better off than the Wall Street doubters believed. As…

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Source CNET Tech

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