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GameStop Inflicting More Pain on Shorts With New 30% Premarket Gain

GameStop Inflicting More Pain on Shorts With New 30% Premarket Gain

GameStop (NYSE: GME) continued its beat down on short-sellers on Tuesday, racing some 30% higher in premarket trading, though it had settled to being up by only 15% just prior to the market's open. At one point yesterday, GameStop's stock more than doubled in value and trading had to be halted nine separate times during the day.