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GameStop shares gain more than 18%, halted multiple times as Reddit favorites swing wildly

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Shares of GameStop jumped again on Thursday but finished well off session highs as stocks featured in January’s short squeeze saw another jolt of volatility.

The stock closed with a gain of 18.7% for the day at just under $109 per share after being halted multiple times during the session. The stock nearly hit $185 per share at its high water mark of the day.

The volatile day came after investors piled into the bricks-and-mortar video game retailer on Wednesday following the reported ousting of Chief Financial Officer Jim Bell, sending the stock soaring 103.9% before trading was halted.

The company announced Tuesday that Bell will resign on March 26, with reports suggesting that Ryan Cohen…



Source cnbc.com

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