LIVE - GameStop Stock Soars as Reddit Investors Take On Wall Street
The market mania that has become GameStop -- shares closed Wednesday up more than 1,600% since the start of the year -- found itself a topic of conversation at both The White House and The Federal Reserve Wednesday.
At the Biden administration's daily press briefing, White House Press Secretary Jen Psaki told the media that Biden's "economic team, including Secretary Yellen and others, are monitoring the situation," referring to the Game Stop spikes.
The market did give the retailer's stock a bit of a slap in the face in after-hours trading with the stock falling 9%.
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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