Reddit Posters Make Millions On GameStop’s Wild Stock Ride

On Wednesday, the stock price of the troubled retailer of video games soared yet again, this time up more than $200, to surpass $350 a share.

Reddit Posters Make Millions On GameStop’s Wild Stock Ride

A meteoric rise in the share price of GameStop has trained the eyes of stock market watchers on a fast-growing Reddit discussion board called Wallstreetbets, where it appears that 20-somethings armed with cheap and easy stock-trading apps like Robinhood, MooMoo and TradeStation are targeting stocks to soar and hedge funds for takedowns.

Source : CBS Los Angeles More