Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why GameStop Shares Soared Today

TheMotleyFool

0 0

Shares of GameStop (NYSE: GME) are up more than 23% this month, with a good chunk of that run coming today. There was some news from the company recently, but today's surge comes as another meme stock soared after the bell yesterday. GameStop shares were up as much as 23% earlier this morning, but subsequently pared some of those gains. As of 11:15 a.m. EDT today, the stock remained almost 10% higher on the day.

Like many of the gains driven by retail investors in the popular meme stocks, it wasn't specific company news that caused today's stock pop. Instead, it was a jump in a fellow meme name that caused the excitement.

Image source: Getty Images.

Source Fool.com

Like: 0

GME

Share