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Stock market averages reached new highs this week after President-elect Joe Biden s victory was certified by Congress â despite an interruption from rioters. The Madison Business Review s Bryce Roth recaps a wild week and explains what s driving markets.
Stocks of companies either left-for-dead or on life support, including GameStop and AMC Theatres, captured the attention of the nation by screaming higher with eye-popping respective gains of 400% and 277% last week alone on massive volume.
Heavily shorted stocks made up an abnormally high percentage of stock volume on the New York Stock Exchange and Nasdaq Exchange last week. Source: The Wall Street Journal