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cryptonews

2021-01-29 20:00:00

GameStop: How Redditors Played Funds For Billions (And What Might Come Next)

GameStop: How Redditors Played Funds For Billions (And What Might Come Next)

____James Doran, Associate professor/Deputy head of school, UNSW.____ How does a small retail company that sells video games, worth less than USD 400 million in the middle of 2020, become a USD 10 billion company in less than six months? How does its share price climb from about USD 20 on January 12 2021 to USD 347 on January 27 – then fall back to USD 193 the very next day?

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