Is GameStop’s Soaring Stock An Indicator Of Possible Market Bubble?

(CBS Detroit) — To the untrained eye, the stock market has been acting a little crazy for much of the last year. The Dow Jones, S&P 500 and NASDAQ have all grown steadily, despite the COVID pandemic and resulting economic crisis. The simple explanation is that the rise reflects the market’s optimism in a more stable future. A more complicated explanation, given the recent news about GameStop, suggests that maybe there’s more going on.
After bottoming out in March, the stock