Overtaking Elon Musk to become the richest man in the world, Bernard Arnault, the billionaire CEO and chairman of LVMH, a multinational luxury goods firm that owns brands including Louis Vuitton, is taking over front pages. Forbes magazine reported that Arnault and his family's wealth increased by $23.6 billion last Friday, bringing their total net worth to $207.8 billion
Is Now The Time To Buy Into GameStop, Orbsat, Or Amazon?
The following three stocks are on the radar of retail investors and day traders early Wednesday.
GameStop Corporation (NYSE:GME): The video games, consumer electronics, and merchandise retailer emerged as a retail investor favorite after r/WallStreetBets or WSB, a Reddit forum carried out a short squeeze earlier this year.
GameStop was among the top three names in terms of the most mentions on WSB at press time behind
AMC Entertainment Holdings Inc (NYSE:AMC) and
Tesla Inc (NASDAQ:TSLA), as per Quiver Quantitative data.
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On Tuesday, GameStop said it had entered into a lease of a 530,000 square foot facility in Reno, Nevada expected to be operational next year.