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Published 3 years ago

GameStop extends Reddit driven hyper-rally after Musk tweet

Summary by Reuters
By Susan Mathew and Shreyashi Sanyal - Amateur investors piled further into niche stocks on Tuesday, sending professional short sellers scrambling to cover losing bets, with GameStop skyrocketing for a fourth straight day, thanks in part to Elon Musk. GameStop surged 50% in extended trade after Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock trading

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