GameStop Tumbles 6% as Traders Flip the Script on Bitcoin Hype
Another red day for the meme-stock darling—because nothing says ’long-term strategy’ like panic-selling a crypto announcement.
Wall Street’s favorite volatility play gets rug-pulled by its own fanbase. Turns out ’buy the rumor, sell the news’ applies even when the news involves digital gold.
Bonus jab: Clearly, diamond hands only work when the Fed’s printing press is on standby.