Thursday 28 January 2021

How GameStop Stock Became Hedge Fund's Worst Nightmare After a Reddit-Driven Frenzy Explained

Shares of GameStop have surged from $19 on December 31, 2020, to $197.84 on January 27 – a gain of nearly 1,900 per cent after small investors on Reddit forced hedge funds to unwind short positions.

from Top Business News- News18.com https://ift.tt/2YsbgKh
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