Here we go again.Â
GameStop madness â€" or GameStonk madness, if you prefer â€" struck again on Wednesday afternoon. GameStop's stock price soared at the end of the trading day, rising more than 100 percent from about $44 per share to around $91 per share. Things got so nuts as the 4 p.m. ET closing bell approached that trading of the stock was halted twice for volatility.Â
Things only got more strange from there. People rushed to Reddit as the price shot up â€" you know, since this whole GameStop stock thing originated on the platform â€" and soon enough Reddit had crashed. It's unclear if a rush of traffic was the only reason for Reddit going down, but the site was down for nearly an hour before finally stabilizing at 4:52 p.m. ET. Read more...
More about Reddit, Gamestop, Culture, and Web Culture
Source : http://feeds.mashable.com/~r/Mashable/~3/nLr-HN3YziY/
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