USA Today: Stocks like GameStop and AMC are soaring. Thank investors on Reddit for the surge.
Shares of the struggling video game retailer have surged this week, and it’s in large part due to a group of traders teaming up on Reddit.
The wild trading surrounding GameStop, AMC, and other companies this week is even drawing attention from the White House.
*BIDEN TEAM IS 'MONITORING THE SITUATION' WITH GAMESTOP: PSAKI https://t.co/62Bv6RYnfO pic.twitter.com/hSSFEB9RtI
— Bloomberg (@business) January 27, 2021
