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‘Never had 2 commas in a single position before’ — Investors celebrate huge gains in meme stock GameStop

0


CNBC’s Jim Cramer, citing a famous quote from Alexander Haig, recently told his co-host David Faber that Reddit, not Citigroup
C,
+0.28%
,
was “in control.” He then used a “Rock, Paper, Scissors” metaphor to hammer home his point. “Citi’s paper, OK? Reddit’s scissors,” Cramer said.

Cramer and Faber were discussing Palantir
PLTR,
-2.60%
,
one of Reddit’s favorite stock picks, but the duo could have just as easily been talking about GameStop
GME,
+57.39%
,
another meme stock in the popular WallStreetBets community.

The buzz around GameStop reached a fever pitch in…



Source marketwatch.com

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