GameStop (NYSE:GME) shares are trading higher on above-average volume amid continued volatility in the name, stemming from increased popularity amongst traders, particularly the WallStreetBets community on Reddit. Trading was halted on a circuit breaker at least twice at the time of publication.
Noted short seller Citron Research said earlier Friday that it would no longer comment on GameStop's stock.
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See Also: Citron's Andrew Left Says GameStop Is 'Pretty Much In Terminal Decline'
GameStop is a U.S. multichannel video game, consumer electronics, and services retailer.
GameStop shares were trading up 69.86% at $73.09 at publication time. The stock has a 52-week high of $73.09 and a 52-week low of $2.57.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.