Shares of GameStop Corp. GME, +36.41% Friday afternoon were extending a recent surge higher, which was putting the videogame retailer on track for its best monthly gain, up over 220%, in its history.
Shares of GameStop originally began a parabolic rise last week and the upsurge was attributed by some to a short squeeze, where investors who are betting that the stock price will fall in value are forced to buy shares they have borrowed in their bearish bets, which can have the effect of amplifying the stock's rise.
incarceratedbob Do you still have that stock twitter page? Whats the handle is you do
🚀 🚀 🚀
How are things with the capitol now?
Who else bought a put
GameStop clerks be like, 🤔
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