June 4, 2024
Investor caution key as GameStop shares soar premium
Investors need to remain cautious as GameStop shares more than doubled on Monday. This after a post from the Reddit account that fuelled the 2021 meme-stock frenzy revealed what seemed to be a $116 million investment in the game retailer. Indeed, GameStop shares rose as much as 105% in premarket trading on Monday. And if these gains persist, the stock's market capitalisation would increase by approximately $8 billion. Meme Stock Mania Resurfaces As I was quoted by CBS Read More

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