Don't Touch GameStop Until This Happens
Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE: GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.
If you haven't benefited from this year's astounding rise, you may feel like you've missed out. But there are good reasons you should hold off right now.
Image source: Getty Images.
Source Fool.com