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GameStop stock records biggest 1-day loss, erases $27 bn in market value
short by Kiran Khatri / on Wednesday, 3 February, 2021
US video game retailer GameStop's rally came to an end this week as the shares recorded their biggest one-day loss, erasing over $27 billion in market value from their high. The stock, whose rally was driven by users of Reddit's WallStreetBets, closed below $100 for the first time in a week. GameStop has given up over 80% of its gains.
read more at Bloomberg Quint