GameStop Stock, Reddit and Robinhood: What You Need to Know
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The stock of videogame retailer
started 2021 at $18.84. On Friday, its share price traded above $340. And it isn’t the only surprising stock seeing big gains. Below, we catch you up on the latest developments in the GameStop stock market mania.
Amateur investors, a rising force in the markets, flexed their collective trading muscles this week, sending seemingly unremarkable company stocks to new highs. The investors have cheered one another on through social media forums like Reddit’s WallStreetBets to buy stock and options in videogame retailer GameStop, movie theater company
and others.
As the stocks skyrocketed, some day…
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