What happened to the GameStop? How Reddit and Elon Musk created this scenario on Wall Street | Univision Diner News

An arsenal of small operating companies has undergone a weekly operation to ‘review’ the GameStop video game chain … at least in the New York Values ​​Ball.

He declared the war to veteran players of the market that he had committed to a case in the prices of his actions. Y, by now, he has won part of the battle.

In an impressive climb, los papeles de GameStop’s difference of 700% in the last days. Jornada tras jornada siguen suiendo mientras, desde platforma online como Reddit, est operators op alentan entre ellos a seguir comprándolos. The possession of an alza, means the great players of the market habían apostado a una baja.

These fairs, some of their great players are retiring from the market with lost strengths: the funds of coverage or what in English is known as hedge funds Citron Capital and Melvin Capital Management. On the other hand, the ‘Reddit’ operators are noticing another winning session, then the GameStop shares will be closed for as little as $ 330 (a maximum of 125% on the day).

From the margins, analysts and traders follow the trail to what some have named David’s Luch vs. Goliath vs. Wall Street vs. Main Street, which begins to salvage the results of the general index of the stock market.

Inclusive Elon Musk, of Tesla, entered at the moment immediately tuiteó “Gamestonk !! this week and shared the link that led to Reddit’s hilo where cujan balls will be the next moves with GameStop actions.

The Nasdaq Jeep –there is a transcendence of technological actions– warning that suspends transactions that reflect “unusual activity” and they say that the regulators must investigate whether it is with the intention of manipulating the market. “If there is a significant alza in the conversation on social media (…) and it calls for an unusual activity in the market we could potentially suspend (the transactions of) this action to be able to investigate the situation”, says Adena Friedman of CNBC .

It is difficult and difficult to recommend specials that will succeed with the actions of the GameStop or at any time the small operators running on its pulse. Here, at least, I’m been shocked by what I heard right now:

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