Reddit's AMC, GameStop stock go wild: This 'insane' 'Ponzi scheme' can't last
Investors on social media hit multimillion-dollar paydays as they battled Wall Street over GameStop's stock. Experts say it can't last.
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Investors on social media hit multimillion-dollar paydays as they battled Wall Street over GameStop's stock. Experts say it can't last.
Stan Choe A GameStop storefront is shown before opening Thursday morning, Jan. 28, 2021, in Dallas. The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. GameStop stock has rocketed from below $20 to around $350 this month as a volunteer army of investors on social media challenged big institutions who has placed market bets that the stock would fall. (AP Photo/LM Otero) January 28, 2021 - 2:38 PM NEW YORK - It's not just you. What's going on with GameStop...
The mall-based video game retail chain has seen its stock price surge because of a short squeeze.