Reddit recovers from hour-long outage amid heavy trading in GameStop


FILE PHOTO Reddit logos are seen displayed in this illustration taken February 2 2021. REUTERSDado RuvicIllustration

FILE PHOTO: Reddit logos are seen displayed in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - Reddit recovered from an hour-long outage that affected thousands of users on Wednesday afternoon as volatility returned to stocks including GameStop GME.N> and AMC that were at the center of a slugfest between retail traders and Wall Street.

Videogame retailer GameStop, which had closed up about 104% on Wednesday and was once again a favorite pick on the WallStreetBets page, doubled in extended trading, even as the social media platform was not fully functional.

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