Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach

Stimulus Checks Helped Fuel GameStop Stock Surge: Billionaire Gundlach
Jeffrey Gundlach, CEO of DoubleLine Capital, speaks in Beverly Hills, Calif., on Oct. 3, 2017. Matt Winkelmeyer/Getty Images
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

The latest round of stimulus checks led to GameStop stock surging, according to a money manager.

“I think wherewithal from governmental stimulus ultimately is really the cause,” Jeffrey Gundlach, a billionaire bond-fund manager, said during an appearance on Fox Business.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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