GameStop Stock Surges 154%

Largest Daily Percentage Increase Since December

WEB GME Complete GameStop Corp Cl A stock news by MarketWatch

GameStop (GME) stock ended Monday's session up 154%, registering its largest daily percentage increase since December. The surge follows a rally in "meme stocks," which are stocks that have gained popularity among retail investors on social media platforms.

GameStop has been at the center of the meme stock phenomenon, with its shares experiencing wild swings in recent months. The company's stock price has been driven up by retail investors who have purchased the stock in large numbers, often through online brokerages such as Robinhood.

The surge in GameStop's stock price has been met with mixed reactions from analysts. Some analysts believe that the stock is overvalued and that its price could crash, while others believe that the stock has the potential to continue to rise.

It is important to note that investing in stocks carries risk. Investors should always do their own research and consult with a financial advisor before making any investment decisions.

Conclusion:

The surge in GameStop's stock price is a reminder of the power of retail investors. However, it is important to remember that investing in stocks carries risk. Investors should always do their own research and consult with a financial advisor before making any investment decisions.