Why GameStop Stock Just Popped 21%
Yesterday was supposed to be a bad day for mall-based videogame retailer GameStop (NYSE: GME). In a post on Twitter, short-seller Citron Research had threatened to post a livestream video laying out the "5 reasons GameStop [buyers] are the suckers at this poker game" and why GameStop stock would go "back to $20 fast."
The video didn't arrive as promised, though, and GameStop didn't go back at all. Instead, it went up 10%, and it's going up another 21% today, as of noon EST.
Image source: Getty Images.
Source Fool.com
