Why GameStop Stock Is Surging Today

GameStop Corp (NYSE:GME) shares are trading higher on above-average volume Wednesday as the stock trends across social media platforms.

GameStop was the top-trending ticker on Stocktwits at press time. It was also the most-mentioned stock on the Subreddit r/wallstreetbets over the last 24 hours. The stock is extremely popular among retail investors. 

See Also: Why Express Stock Is Surging Today

GameStop's average session volume over a 100-day period is about 4.4 million, according to data from Benzinga Pro. Wednesday's trading volume has already exceeded 7.7 million at press time.

GameStop is scheduled to announce its first-quarter fiscal 2022 financial results after the market closes on June 1.

GME Price Action: GameStop has traded between $77.58 and $344.66 over a 52-week period.

The stock was up 26.6% at $112.70 at time of publication.

Photo: JJBers from Flickr.

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