See Games Differently
See Games Differently
Stock Market
While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fuelled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers and regulatory…
After soaring for more than a week, GameStop’s stock has plummeted back down to earth, sinking below $US100 ($132) a share several times today, a drop-off of more than $US200 ($264) from last week.
Struggling retailer GameStop’s stock curiously hit an all time high today. But it’s not because Sony, Microsoft, and Nintendo suddenly decided to stop selling their games digitally. And it’s not because a new set of Funko Pops has taken the internet’s imagination by storm.
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