GameStop, AMC, and Other Reddit Favorites Climb as Day Traders Look to Reignite Momentum

GameStop, AMC, and Other Reddit Favorites Climb as Day Traders Look to Reignite Momentum

A new report suggests bots also played a significant role in driving hype around the trade. Fake accounts on major social media platforms amplified calls to buy and hold shares of GameStop and other relevant stocks, Reuters reported, citing analysis by cybersecurity company PiiQ Media. Still, it’s unclear how much of an impact the bots had on the rallies.

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