Forget GameStop, This Reddit Stock Was a Bigger Winner Last Week
GameStop (NYSE: GME) mania has taken over the country.
In a script straight out of Hollywood, a group of investors on the Reddit board WallStreetBets pumped up the stock over the last couple weeks, squeezing short-selling hedge funds to send it up as much as 2,500% in less than a month.
But while the video game retailer has gotten much of the attention in the press during the Reddit squeeze that's hit several consumer stocks, it actually wasn't the biggest winner of the group last tweek. That title belongs to Koss Corporation (NASDAQ: KOSS), an under-the-radar maker of headphones and other audio equipment. Shares of Koss jumped more than 1,800% in last week alone, compared to a gain of 400% for GameStop, and at its peak last week, Koss shares had gained a whopping 3,715%. In other words, $1,000 in Koss shares turned into $38,150 in just four days.
Source Fool.com
