GameStop Shares Roar, 104% Higher in Afternoon Rally

Posted on 02/24/2021

Shares of GameStop (ticker: GME) rallied hard during the last hour of trading on Wednesday. The stock moved higher in after-hours. Shares of the game retailer ended the session up more than 100%. Shares were halted for volatility twice in the last hour of trading. WallStreetBets redditors chatted about the upcoming exodus of GameStop’s CFO Jim Bell. The company announced that Bell will be stepping down in March 2021. At 5:59 PM Pacific Time, GME stock was at US$ 150.00, when the stock opened at US$ 44.70.

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