Why GameStop's Stock Is Trading Higher Today

GameStop 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.

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.

Posted In: NewsShort SellersMoversTrading IdeasAndrew LeftCitron Researchwhy it's moving
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...