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


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…


Why stock investors are starting to really worry about rising bond yields

Previous article

Best Buy is speeding changes to adapt to a post-pandemic consumer

Next article

You may also like

Leave a Reply

Notify of

More in Investing