How Reddit users grew GameStop’s stock tenfold fighting Wall …

Video game retailer GameStop’s stock price has increased dramatically due to the actions of users on the WallStreetBets subreddit. The Reddit users pushed the stock up from $20 on 11 …


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How Reddit Users Grew GameStop’s Stock Tenfold Fighting Wall …

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Video game retailer GameStop’s stock price has increased dramatically due to the actions of users on the WallStreetBets subreddit. The Reddit users pushed the stock up from $20 on 11 …

independent.co.uk

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GameStop: Reddit Users Claim Victory As $13bn Hedge Fund Closes ...

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Feb 1, 2021  · Read more: How Reddit users grew GameStop’s stock tenfold fighting Wall Street Its share price means the loss-making retailer is valued at $24bn. Amateur investors face big …

independent.co.uk

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GameStop Shares Surge 40% As Reddit-fuelled Mania Continues

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Jan 28, 2021  · GameStop shares surged a further 40 per cent in pre-market trading before dropping sharply on Thursday after a public battle between Reddit users and Wall Street …

independent.co.uk

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The GameStop Story Is The Digital Equivalent Of The Peasants’ …

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How Reddit users grew GameStop’s stock tenfold fighting Wall Street ; Reddit users claim victory as $13bn hedge fund capitulates on GameStop ... the sky is the limit if the shares rise, as ...

independent.co.uk

FAQs about How Reddit users grew GameStop’s stock tenfold fighting Wall … Coupon?

Are Reddit users vs Wall Street giants winning GameStop stock fight?

Reddit Users Vs. Wall Street Giant In Fight Over GameStop Stock Value A group of amateur stock investors has banded together on Reddit to take on a Wall Street giant in a fight for the value of the stock for GameStop. For now, the little guys are winning. ...

How did GameStop get its big kick?

The stock got its big kick when Reddit's r/wallstreetbets community — now with more than 4 million members — fawned over a Nov. 16 letter from Cohen to the GameStop board he would later join. GameStop continued to soar as the Reddit investors stayed bullish on their favorite stock. By Jan. 22, it closed at $65. On Monday, it finished at nearly $77. ...

Did Reddit r/wallstreetbets cause a rise in GameStop's stock price?

In the GameStop saga, at least, the answer is yes. An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and causing a major headache for the short sellers betting against it and banking on the stock falling. ...

Should you Buy GameStop if you're shorted on Wall Street?

GameStop was the most shorted stock on Wall Street in early January. Some of the Wallstreetbets posters seem to understand that targeting it, and buying up the stock as a group of individual traders all rowing in the same direction, would cause a short squeeze and the stock price to soar. ...

Why is GameStop's stock price so high?

GameStop's stock price has increased dramatically due to the actions of Reddit users on the WallStreetBets subreddit. The stock price went from $20 on 11 January to a staggering high of $146.97. The reason for this surge is the collective efforts of these Reddit users. ...

Why did redditors Buy GameStop shares?

Its shares skyrocketed after Redditors discovered some big Wall Street hedge funds were trying to make a quick buck on GameStop's falling share price. So the Redditors banded together and bought heaps of GameStop shares to drive up its value — and burn the hedge fund traders. ...

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