Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ GameStop shares jumped 60% with an obvious short press

GameStop shares jumped 60% with an obvious short press



GameStop Corp. GME,
+ 65.91%
shares jumped more than a week on Wednesday after a brief interest in the video game trader’s shares exceeded the number of shares issued. Shares of GameStop jumped 58% to $ 31.24 in a final check, reaching an internal high of $ 38.65. GameStop’s short interest rate rose to 71.2 million shares on December 31 from a previous 68.1 million shares, according to FactSet. GameStop has 69.8 million shares outstanding. GameStop shares ended 10% on Monday after reaching an agreement with activist investor RC Ventures to add three of its board members, and rose below 0.1

% on Tuesday.


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