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Why Reddit made GameStop and BlackBerry stock suddenly jump – Source CNET Tech

, Why Reddit made GameStop and BlackBerry stock suddenly jump – Source CNET Tech, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing

GameStop and BlackBerry stock have soared in recent days.


Sarah Tew/CNET

GameStop isn’t just a store that sells video games. It’s also one of the biggest bets Wall Street traders have made lately, with nearly all of them expecting it to fail. That was until Monday morning, when a bunch of Reddit users decided to play the market and push GameStop’s stock up to nearly three times its average over the past several months.

It all started last week, when posters on the Reddit stock trading chat community WallStreetBets attempted to push…

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Source CNET Tech

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