GameStop closes up 92.7%, extending Wall Street's retail frenzy

GameStop closes up 92.7%, extending Wall Street's retail frenzy

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-gamestop-stocks/gamestop-closes-up-92-7-extending-wall-streets-retail-frenzy-idUSKBN29V214

Individual investors continued to pile into niche stock market plays on Tuesday, causing a scramble by short-seller funds to cover losing bets, with companies like GameStop skyrocketing for the fourth straight day even as others caught up in the buying frenzy reversed gains.

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