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GameStop fever, r/WallStreetBets and the stock trading frenzy, explained

GameStop fever, r/WallStreetBets and the stock trading frenzy, explained

US-based video video games retailer GameStop discovered itself on the heart of a buying and selling frenzy this week, inflicting its share worth to rise from $18 initially of the month to greater than $450.

The market mania has been fuelled by a group of beginner merchants on Reddit, whose aim is to drive up the share worth and apply stress on quick sellers, who had wager in opposition to the corporate.



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