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1. • • An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and causing a major headache for the short sellers betting against it and banking on the stock falling.
     www.vox.com › the-goods › 22249458

     How Reddit and WallStreetBets blew up GameStop’s stock - Vox

2. abcnews.go.com › Business › gamestop-stock-soaringGameStop stock is soaring again. Here's what to know.

   abcnews.go.com › Business › gamestop-stock-soaring

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   Jun 3, 2024 · Why is the price of GameStop soaring? The Reddit account associated with Gill posted a screenshot on Sunday of an apparent portfolio holding five million shares in GameStop, purchased for $21.27 each, amounting to a stake valued at about $115 million when pegged to the closing price of GameStop on Friday.

   • Author: Max Zahn

   • Video Duration: 37 sec

3. People also ask

   What happened to GameStop stock?

   • GameStop stock (GME) soared as much as 110% Monday before paring gains, and it was halted for volatility numerous times after "Roaring Kitty," the person who is seen as the kick-starter of the meme stock frenzy during the pandemic, posted online for the first time since 2021. The stock crossed above $30 per share on Monday to close up 75%.

   GameStop stock soars over 70% as 'Roaring Kitty' revival reignites meme

   finance.yahoo.com/news/gamestop-stock-soars-over-70-as-roaring-kitty-revival-reignites-meme-stock-bonanza-200701976.html

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   How much did GameStop rise in early trading on Monday?

   • Here's what to know. The stock surged as much as 75% in early trading on Monday. Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing hours, but the price remained up 30% into the late morning.

   GameStop stock is soaring again. Here's what to know

   abcnews.go.com/Business/gamestop-stock-soaring/story?id=110771446

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   Is GameStop a good stock to buy?

   • GameStop is one of the most heavily shorted stocks on Wall Street. WHAT’S A SHORT SQUEEZE? It’s what happened with GameStop’s stock. When a stock is very heavily shorted, a rise in its price can force short sellers to get out of their bets. To do that, they have to buy the stock, which pushes the stock even higher and can create a feedback loop.

   EXPLAINER: Why GameStop’s stock surge is shaking Wall Street

   apnews.com/article/gamestop-stock-surge-explained-fb377363d1b04809706619a6bcc9e549

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   Why did GameStop rise 700% in 2021?

   • In 2021, the price of GameStop climbed nearly 700%, driven in part by traders discussing the company on a Reddit chatroom called Wall Street Bets, most notably Gill. The rally did not coincide with a major strategy shift or executive shakeup for the ailing chain of video game stores.

   GameStop stock is soaring again. Here's what to know

   abcnews.go.com/Business/gamestop-stock-soaring/story?id=110771446

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4. apnews.com › article › gamestop-stock-surgeEXPLAINER: Why GameStop’s stock surge is shaking Wall Street

   apnews.com › article › gamestop-stock-surge

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   Jan 28, 2021 · The struggling video game retailer’s stock has been making stupefying moves this month, wild enough to raise concerns from professional investors on Wall Street to the hallways of regulators and the White House in Washington.

5. Videos

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     How did the GameStop stock spike on Wall Street happen? l ABC News

     Feb 12, 2021

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     GameStop share trading explained - BBC News

     Feb 1, 2021

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     GameStop: what it reveals about the US stockmarket

     Jan 30, 2021

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6. finance.yahoo.com › news › gamestop-stock-soars-overGameStop stock soars over 70% as 'Roaring Kitty' revival ...

   finance.yahoo.com › news › gamestop-stock-soars-over

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   May 13, 2024 · GameStop stock surged as much as 110% after 'Roaring Kitty,' who was credited with starting the 2021 meme stock frenzy, posted on X for the first time in three years.

   • Video Duration: 7 min

   • Author: Ines Ferré

7. www.yahoo.com › news › a-very-basic-guide-to-theA very basic guide to the latest GameStop stock surge for ...

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   Jun 6, 2024 · With GameStop projected to file bankruptcy, Gill and his Reddit followers bought thousands of shares, which drove the price of one GameStop share up by more than 1,000%.

   • Author: Katie Mather

8. www.wfaa.com › article › moneyGameStop stock surge: What did Roaring Kitty do this time ...

   www.wfaa.com › article › money

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   May 15, 2024 · GameStop’s stock price shot up more than 1,700% through the first few weeks of January 2021, WHAT DID ROARING KITTY DO THIS TIME? After laying dormant since June 18, 2021, the X account for...

9. www.msn.com › en-us › moneyGameStop stock surges more than 110% as ‘Roaring ... - MSN

   www.msn.com › en-us › money

   May 13, 2024 · GameStop shares surged more than 80% at the market open on Monday after “Roaring Kitty,” the day trader who played a key role in the so-called “meme stock rally” of 2021, made a surprise...

10. www.nbcboston.com › news › national-internationalEXPLAINER: Why GameStop's Stock Surge Is Shaking Wall Street

    www.nbcboston.com › news › national-international

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    Jan 28, 2021 · It's what happened with GameStop's stock. When a stock is very heavily shorted, a rise in its price can force short sellers to get out of their bets. To do that, they have to buy the stock, which pushes the stock even higher and can create a feedback loop.