Squawk on the Street
GameStop's Ride Gets Wilder, The Reddit User Rally Reheats, Twitter Takes Flight, Nvidia And The Chip Supply Shortage, And Restaurateur Danny Meyer Takes His Company's SPAC Public
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look at the GameStop frenzy -- the stock surging after it doubled late in Wednesday's trading session. Reddit-fueled stocks such as AMC Entertainment also jump. The anchors get into what investors should make of the wild ride -- as well as an ice cream cone tweet by major GameStop shareholder Ryan Cohen. They also discussed Twitter's long-term guidance which gave the stock a boost, Nvidia's quarterly results and the chip supply shortage, and ViacomCBS' streaming strategy for "Paramount+". Shake Shack Founder and Union Square Hospitality Group CEO Danny Meyer joined the program to talk about taking USHG's SPAC public. Also in focus: A double dose of news involving Pfizer's COVID-19 vaccine. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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