The latest leg of the rally, which drove up shares of video game retailer GameStop Corp by 1,600 percent in January, has again been powered by amateur inventors acting in concert to bid up shares of stocks with a high short interest, forcing bearish investors to unwind their bets at a loss.AMC, BlackBerry shares jump as Reddit rally powers on
The latest leg of the rally, which drove up shares of video game retailer GameStop Corp by 1,600 percent in January, has again been powered by amateur inventors acting in concert to bid up shares of stocks with a high short interest, forcing bearish investors to unwind their bets at a loss.
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