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What You Need to Know About Reddit's Effect on GameStop Stock Trading
January 28, 2021
When stocks in a struggling video game store go up by almost 800% in one week, Wall Street takes notice. Stephen Gandel, senior reporter for CBS MoneyWatch, explains how savvy Redditors buying shares in GameStop shocked experienced traders and whether this behavior is legal or not. The unusual movement in stocks has even caught the attention of the White House. Inside Edition Digital’s TC Newman has more details.