It was just a matter of time before the turbocharged worlds of meme-stock and crypto trading collided in a burst of speculative frenzy.
News late Thursday that GameStop Corp., which became emblematic of 2021’s turbulent year of retail investing, is getting into the business of non-fungible tokens sent the stock soaring more than 20% after hours before giving back some ground. The shares ended Friday up 7.3% at $140.62. The jump followed a sharp retreat since late November.
Source: Bloomberg
Omni Talk is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk in 2017 and have quickly turned it into one of the fastest growing blogs in retail. 