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After Fed’s Meeting, the Focus Will Be on Jerome Powell: Live Business Updates



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GameStop One-Week Share Price

Why is Wall Street obsessed with GameStop, the video game chain that until recently was known for middling performance? The company’s stock has soared to scarcely believable levels — its market capitalization is now more than $20 billion — thanks to an army of small traders spurred on by a Reddit message board, the DealBook newsletter explains.Traders on the Reddit message board, WallStreetBets, a community known for irreverent market discussions, made GameStock their cause du jour and rushed to buy out-of-the-money GameStop options, a bet on the company’s share …

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