Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE: GME), shares went from about $17 at the start of the year to $483 in February. GameStop sells video hardware and games. While it was doing well for a long time, online competition and digital downloads from the likes of Epic Games, Steam, Microsoft, and Sony have eaten into the retailer's sales.
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