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The GameStop Short Squeeze Accelerates

TheMotleyFool

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The GameStop Short Squeeze AcceleratesPhoto, wide shot, wide-angle lens, Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png

Shares of video game retailer GameStop (NYSE: GME) have rocketed in the last two weeks as some investors have been forced to cover shares held short. After jumping more than 400% since the start of 2021, the shares that currently trade at about $99 per share soared to over $150 earlier today, before trading was halted due to volatility.

This is what an epic short squeeze looks like: