The Damage Report
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Redditors Take Down Hedge Fund with GameStop Play
Posted
January 27, 2021
Views
13,398
Likes
600
Comments
92
Engagement
5.16%
January 27, 2021
13,398
600
92
5.16%
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3:04Now PlayingShould you invest in GameStop given the recent price surge? John Iadarola and Dan Evans break it down on The Damage Report.
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"Shares of GameStop surged again Wednesday, continuing the streak of wild swings for the stock as several high-profile short sellers said they had backed away from their positions.
The name closed at roughly $348 per share, up almost 135% from Tuesday’s close and giving the company a market cap of about $24 billion. The stock traded as high as $380 per share in premarket trading."
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