GameStop Jumps After Hours As Elon Musk Tweets Out Reddit Board That’s Hyping Stock

Tesla CEO Elon Musk seemed to rally behind GameStop’s epic surge on Tuesday, tweeting out a link to the Reddit board that’s largely hyped the stock. CNBC reports: Shares of GameStop, which jumped 92.7% Tuesday, were up more than 60% in after hours trading following Musk’s tweet, which linked to the “wallstreetbets” Reddit chat room that has more than 2 million subscribers. The Tesla CEO tweeted “Gamestonk!!” The stock surged earlier in the day after Social Capital’s Chamath Palihapitiya said in a tweet that he bought GameStop call options, betting the stock will go higher.

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https://news.slashdot.org/story/21/01/26/2238203/gamestop-jumps-after-hours-as-elon-musk-tweets-out-reddit-board-thats-hyping-stock?utm_source=rss1.0mainlinkanon&utm_medium=feed