Why did GameStop surge recently? $GameStop(GME)$ GameStop recently experienced a surge in its stock price. Here are some key factors that may have contributed to this movement: Intraday Trading: GameStop's stock price rose by 5.07% in the afternoon due to changes in intraday trading. However, specific details about the reasons behind this intraday movement are not provided in the available news. Meme Stock Rally: GameStop is considered a "meme stock," which means it has gained popularity among retail investors through social media platforms. The stock has recently enjoyed a meme-like rally ahead of the company's fiscal third-quarter results. Positive Momentum: GameStop's stock is on pace for a two-day winning streak, and it is also on track for its largest daily percentage gain since