Why GameStop Stock Skyrocketed Today

Why GameStop Stock Skyrocketed Today

Shares of GameStop (NYSE: GME) continued their frenzied ascent on Monday. As of 11:55 a.m. EST, the video game retailer's stock price was up by 50% after rising as much as 145% earlier in the day. GameStop's share price is now up roughly fivefold so far in 2021.