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Reddit and Elon Musk made GameStop stock jump in after-hours trading
GameStop isn't just a store that sells video games. It's also one of the biggest bets Wall Street traders have made lately, with nearly all of them expecting it to fail. That was until Monday morning, when a bunch of Reddit users decided to play the market and push GameStop's stock up to nearly three times its average over the past several months. It all started last week, when posters on the Reddit stock trading chat community WallStreetBets attempted to push up shares in the struggling game retailer. With much of Wall Street betting against GameStop's success, WallStreetBets investors believed they could force a ... (full story)