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Why Is It Moving? Analyzing The Upward Movement in GameStop's Stock Today

January 27, 2021 10:21 am
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Why Is It Moving? Analyzing The Upward Movement in GameStop's Stock Today

The Price And Volume Action In GameStop's Stock Today

GameStop (NYSE:GME) is currently up 85.64% to a price of $292.61. Wednesday the stock has been traded at a volume of 25.66 million, about 59.76% of its recent 30-day volume average of 42.93 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: GameStop shares are trading higher amid continued momentum driven by retail investor interest in the stock.

Perspective On Recent Price Action

The stock's 50-day moving average was $23.38 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $159.18 and fallen to a low of $2.57.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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