In recent weeks, GameStop stock soared to a new all-time high of $486 after Redditors at WallStreetBets Reddit group invested in the stock. Consequently, amateur investors suffered exorbitant losses after the GME stock plunged back to $45 once the short-squeeze effect faded.

We are The People's Media. USA Herald covers everything from breaking news to investigative journalism. We also report on politics on the State and National levels.