GameStop At The Center Of A Wall Street Tug-Of-War | NBC Nightly News

The struggling video game retailer GameStop is suddenly one of the hottest stocks thanks to a group of Reddit users looking to take on the financial elite. NBC News’ Jo Ling Kent reports on what this means for the stock market.
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GameStop At The Center Of A Wall Street Tug-Of-War | NBC Nightly News

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31 thoughts on “GameStop At The Center Of A Wall Street Tug-Of-War | NBC Nightly News

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  2. What is the company worth. At some point people realize the paper they hold is not worth $360 it is worth $6.00 the first to sell will make money the last will loose . That stock is looking like the stock crash of the thirties. Very high one day because of the manipulation someone woke up the next bottom fell out. I do think that is what is going to happen here.

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  5. The entire world is watching the next moves in GameStop Corp. it’s has undoubtedly been the one of the hottest stock of 2021. Most stocks will do well this year, investors still need to hold stocks with strong organic growth rates as well as cyclical names that will do better in a recovery. The right stocks can make you rich over the next 12 months

  6. Sorting stocks does NOTHING to help the economy and only helps billionaires…. that's how they got there, on the backs of companies that are struggling. Instead of investing to help them change and grow they short them to drive down their value and make money on their demise. A very bad economic situation! Time for a real change!

  7. LOL Its funny because they are people betting on others to fail looks like karma to me! So what if people are admitting they did it. That's the game they also play openly but the news isn't reporting when they do it because they don't care. Not like its not known they bet against you lowing your stock value just doing that alone, then people start roomers, scaring people out of investing, propping up their competitors, crating shortage so on etc. like the new system shortages around the holidays!!!(Xbox Series X AND Play Station 5) Its not a hard picture to paint its already half done and outlined.

  8. I was force to sell all my shares, as newbie my only thoughts if I don't sell im going to loose it all. And when I attempted to cancelled them I was not able too. Now I'm down alot of money and I need my money back.

  9. This is the most boomer description of what's going on?

    They didn't talk about how, for many, this is a personally battle in response to their experiences during the '08 crash. This isn't a game, this isn't a casino. Reddit users aren't stupid, stop treating them like they are.

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