Elon Musk once again brought good luck when tweets on his Twitter account led GameStop shares to soar to the highest price, surpassing $ 200 per share.
The Tesla founder uploaded, "Gamestonk !!" with a link to the / r / wallstreetbets account on the Reddit site after the closing session of the trade yesterday (early this morning in Malaysia).
Following that, Gamestonk shares recorded at around $ 140 continued to grow over 60% to $ 240 per share within 30 minutes.
At the beginning of 2020, GameStop shares were only one digit before ending at around $ 20 per share at the end of last year.
However, due to investments from amateur investors on the wallstreetbets site, GameStop shares closed at a high of more than 92% at around $ 148 per share yesterday before Musk joined the 'party' after the trading session.
GameStop shares as a whole have risen over 680% this year.
This is not the first time Musk tweets have caused chaos for individual stocks.
Previously, Etsy also received good luck with an 8% increase in shares after the world millionaire uploaded a tweet about a hand-knitted fur hat bought for his pet.
