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A billionaire investor blamed the GameStop stock surge on the government's $1,200 COVID-19 relief checks

  • Business Insider faviconBusiness Insider

    Jan 31, 2021, 7:41 am269 pts
    photo of A billionaire investor blamed the GameStop stock surge on the government's $1,200 COVID-19 relief checks imageBill Oxford/Getty Images Bonds investor Jeffrey Gundlach has blamed COVID-19 relief checks for the GameStop surge.  The $1,200 relief checks were sent out last year as households struggled with the economic fallout of the pandemic.  Some observers see the GameStop surge as a bid by amateur investors to…
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