Wednesday, 27 January 2021

GameStop Rides Elon Musk Tweet to See 50 Percent Surge in Extended Trade

GameStop skyrocketed for a fourth straight day, thanks in part to Elon Musk. Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock trading discussion group, where supporters affectionately refer to the Tesla CEO as "Papa Musk." "Stonks" is a tongue-in-cheek term for stocks widely used on social media.

from Gadgets 360 https://ift.tt/2KQNWCG

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