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On February 24, the GameStop stock price doubled within a 90-minute period, and then averaged approximately $200 per share for another month. On March 24, the GameStop stock price fell 34 percent to $120.34 per share after earnings were released and the company announced plans for issuing a new secondary stock offering.
Closing price and trade volume of GameStop Corp. from January 4, 2021, to February 5, 2021 [1] Template documentation [ view ] [ edit ] [ history ] [ purge ] Graphs are currently disabled
GameStop stock tanked more than 18% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze.
The stock had been flat year to date ahead of Monday's rally but had risen about 60% in the past month. GameStop stock is now up over 180% over the last month, not including Tuesday's gains.
In January 2021, trading activity around a short squeeze resulted in a 1,500% increase in GameStop's share price over the course of two weeks, reaching an all-time intraday high of over US$500.00. As of January 29, 2021 [update] , on the New York Stock Exchange .
GameStop stock surged as much as 110% after 'Roaring Kitty,' who was credited with starting the 2021 meme stock frenzy, posted on X for the first time in three years.
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Left told Reuters he would short GameStop again if the stock reached a $45-$50 level. He said Citron closed the short position at a profit, although he did not disclose the size.
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