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(KY3) – A man from Missouri recently invested $ 4,500 in betting on GameStop through the Robinhood app. Then the stocks exploded after his investment.
CNN reports that AJ Vanover, who earns around $ 35,000 a year, is now a paper millionaire after his investment.
This happened after an army of traders on Reddit bought the stock in batches to increase its price. GameStop climbed nearly 70%, recouping much of its strong loss at the start of the week, after Robinhood said it would allow customers to resume buying some of the stock, according to the Associated Press.
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