Business Chamath Palihapitiya joins the GameStop buying and selling frenzy

Chamath Palihapitiya joins the GameStop buying and selling frenzy

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Chamath Palihapitiya

Cameron Costa | CNBC

Tech investor Chamath Palihapitiya mentioned Tuesday he’s dipping his toe into the frothy buying and selling round online game retailer GameStop.

A flood of retail buying and selling has pushed the inventory and other heavily shorted names greater in current weeks, inflicting major losses for short sellers. Buying and selling of GameStop has been usually halted as a consequence of volatility, together with as soon as shortly after Palihapitiya mentioned he was shopping for name choices.

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