Why GameStop Stock Is Tumbling Today
Shares of GameStop (NYSE: GME) were tumbling almost 9.6% in morning trading Tuesday after a pre-holiday week that saw its shares gain nearly 50%. The video game retailer's stock was down to $124.01 at 10:48 a.m. ET today.
There was no news to account for the big drop in the stock, but the same was true last week, either. It's a volatile meme stock that trades more on internet and social media chatter than on the value of the business.
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Source Fool.com
