Where does the GameStop mania end?
Posted on AllSides January 28th, 2021
From The Left
From Wall Street to the White House, everyone is watching GameStop shares.
What's happening: Stock in the left-for-dead video game retailer shot up an astonishing 135% to $347.51 on Wednesday, bringing gains since the start of January to 1,745%. In the battle between day traders coordinating on Reddit and legacy hedge funds betting GameStop shares will crash, the rag-tag internet crew is winning the day — at least for now.
It's not just about GameStop (GME) anymore. Shares of AMC Entertainment (AMC), Nokia (NOK), Tootsie Roll Industries (TR) and the...
AllSides Media Bias Rating: Lean Left
