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Darryll Green Named GM Of CBS s Miami Properties
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NEXGEL Inc Announces OTC Release of SilverSeal(R) & Study Indications
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KXLY
February 5, 2021 3:03 AM newsfeedback@fool.com (Adam Levy)
Posted:
Updated:
Shares of
GameStop (NYSE: GME) soared as high as $483 last week. By midday on Tuesday, the stock price had fallen below $100 per share.
Behind the volatile stock price is a battle between retail investors who frequent the WallStreetBets subreddit and hedge funds, which have heavily shorted shares of GameStop and a number of other stocks in recent years. The WallStreetBets group has also targeted
AMC Entertainment Holdings (NYSE: AMC),
BlackBerry (NYSE: BB), and
Nokia (NYSE: NOK), among others, which have seen their stocks swing violently over the last couple weeks.