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Why GameStop Stock Soared 400%

Jan.26 — GameStop Corp. shares rose for a fourth-straight day Tuesday as the retailer’s value moved ahead of 14 members of the S&P 500. Bloomberg’s Emma Chandra reports on “Balance of Power.”

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Jan.26 — GameStop Corp. shares rose for a fourth-straight day Tuesday as the retailer’s value moved ahead of 14 members of the S&P 500. Bloomberg’s Emma Chandra reports on “Balance of Power.”

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15 Comments

15 Comments

  1. Batman

    January 27, 2021 at 8:22 pm

    The little guys are winning! How does it feel to get worked Hedge fund market manipulators?

  2. Amadeus XLO

    January 27, 2021 at 8:30 pm

    ???? ????

  3. Stefan laluna

    January 27, 2021 at 8:34 pm

    when this bubble bursts there will be tears and massive losses

    • Louvendran Chetty

      January 27, 2021 at 11:12 pm

      Well the the purchasers of shares have now collectively become a fund manager. They will have voting rights at the next AGM and be able to change management to turn the fortunes around. So this is far from over. Who better than a bunch of gamers’ that understand the market and product than a bunch of unscrupulous dealers backed by huge capital? If this trend keeps gaining momentum, the oligopoly held by fund managers will be greatly diminished. Sad how some really don’t like the ‘free market’ when it really becomes free.

  4. mrpmj00

    January 27, 2021 at 8:35 pm

    buy Wells Fargo, AMAZON, FACEBOOK, NVIDIA, APPLE
    DON’T drive at all and work remotely. capitol riot means a covid19 petri dish; we need another lockdown. we have Amazon Prime streaming and don’t need to travel or go to a commercial theater and avoid covid19, mass shooting (gun sales doubled in 2020),
    police killing nonwhites like George Floyd, and exploding RVs like in Nashville, capitol rioters bringing pipe bombs

  5. Yogi

    January 27, 2021 at 8:36 pm

    Power to Little GUYS! ????

  6. Amur Ika

    January 27, 2021 at 9:06 pm

    And it will pop

    • D Santi

      January 27, 2021 at 10:25 pm

      avg investor put in $100 bucks. I did it just to destory the hedge funds. I dont care if it goes to zero. This is about sending a message

    • Adele K

      January 27, 2021 at 11:51 pm

      @D Santi I find the political aspect of this both fascinating and kinda inspirational even though I don’t take part. I’m actually calmer now that I know what’s going on. I thought it was mania preceding an epic market crash!

  7. financialdaynews financialdaynews

    January 27, 2021 at 9:13 pm

    VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!VERYY GOOD PRESENTATION!!!!!!!!

  8. alex F1

    January 27, 2021 at 9:17 pm

    This is a replay of blockbuster 2000 edition. Doomed to not exist in 5-10 years

  9. Raagow Amin

    January 27, 2021 at 9:42 pm

    ????????????????????????????????????????????????????????????????????????????????????????????????????????

  10. Hubert Walter

    January 27, 2021 at 11:13 pm

    AMC is next

  11. Ains 2

    January 27, 2021 at 11:51 pm

    Is game stop coming back?

  12. abdi

    January 28, 2021 at 1:09 am

    THIS IS THE WAY????????????????????????

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Spotify added a temporary disco ball to its logo for its 20th anniversary. Co-CEO Gustav Söderström explains why the internet’s immediate “everyone needs to get fired” rage over the design change is actually comforting.
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Bloomberg’s Ed Ludlow breaks down SpaceX pitching a $28.5 trillion opportunity, from AI to Mars, ahead of an all-time blockbuster IPO. Plus, Nvidia fails to reignite the AI trade as CEO Jensen Huang pushes to diversify the chipmaker, saying AI is set to go mainstream. And, another major IPO on the horizon with OpenAI preparing for a filing which could come as soon as Friday.

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