GameStop

What the Tech? How Social Media Caused Some Stock Prices to Spike

A band of Redditors took on Wall Street and other investors that resulted in spikes in the value of shares in several companies. WallStreetbet is a popular subreddit where members talk stock market and give tips to other members. Earlier this week members of that sub began talking up shares of stock in GameStop, a videogame retailer. Encouraging one another…

Global Stocks Fall on Virus Worries, Wall St Volatility

A currency trader walks by the screens showing the Korea Composite Stock Price Index  (AP Photo/Lee Jin-man) BEIJING (AP) – Global stocks have fallen amid worries about rising coronavirus infections, Wall Street volatility, and U.S. economic aid plans. London and Frankfurt opened lower and Shanghai and Tokyo declined. Overnight, the S&P 500 closed 1% higher, recovering some of the previous…